how to buy on pancakeswap with coinbase wallet

To buy crypto on PancakeSwap, first create a Coinbase Wallet, fund it with BNB, connect to PancakeSwap, search for the crypto you want, set the amount, approve the swap, and finally confirm the transaction.

Oct 31, 2024 at 06:44 am

How to Buy Crypto on PancakeSwap with Coinbase Wallet

Step 1: Create a Coinbase Wallet

• Download the Coinbase Wallet app from the App Store or Google Play.
• Create an account and set a strong password.

Step 2: Fund Your Wallet with BNB

• BNB is the native token of the Binance Smart Chain (BSC), and it is required to buy crypto on PancakeSwap.
• You can buy BNB on Coinbase, Binance, or other cryptocurrency exchanges.
• Once you have purchased BNB, transfer it to your Coinbase Wallet using the provided wallet address.

Step 3: Connect Coinbase Wallet to PancakeSwap

• Open the Coinbase Wallet app and tap on the "Browser" tab.
• Enter the following address into the search bar: https://pancakeswap.finance/
• Select "Connect to a wallet" and choose Coinbase Wallet.

Step 4: Search for the Crypto You Want to Buy

• In the PancakeSwap search field, enter the ticker symbol or name of the crypto you want to buy, such as "ETH" or "CAKE."
• Select the token from the search results.

Step 5: Set the Amount and Swap

• Enter the amount of the crypto you want to buy.
• Click the "Swap" button and confirm the transaction details.

Step 6: Confirm the Transaction

• Coinbase Wallet will display a confirmation prompt.
• Verify the details of the transaction, including the amount, token, and any associated fees.
• Tap "Approve" to send the BNB and complete the swap.

Step 7: View Your Purchased Crypto

• Once the transaction is complete, the purchased crypto will be deposited into your Coinbase Wallet.
• You can view your balance in the "Portfolio" section of the app.