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Pancake Swap | Swap Stake Pool Slippage tolerance - YouTube
Channel: everything hindi
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Hello friends, I welcome you to your YouTube channel Everything Hindi.
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Today we are going to talk to you about Pancake Swap.
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First, we will give basic information about Pan Cake Shop, how to use it,
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normal and then gradually we will take you in advance, meaning you are facing some special problems
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which you do not understand, then about it I will tell that gradually this video will go on getting hard.
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Friends, I am Ajay, today we are going to talk to you about pancake swap.
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So what is a pancake swap, people who are not, have a little patience, gradually you will understand
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and those who are experts, listen with your ears and should not miss a single thing.
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So that if you sit in front of someone else again, then prove to yourself that we know everything about pancake swap.
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So in this video, I will tell one thing and understand in a way that you should not ask again anywhere else.
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And if you are new then be patient slowly you will understand what is pancake swap
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You understand that what is the function of Pancake Swap is that whenever there is a token
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listing on the smart chain of Binance, then if you want to buy it, there is a token listing happening on today's date.
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Suppose a token named Ajay is being created and it is on the smart chain of Binance,
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that too has been completed but you cannot buy it, to buy you need a swapping by which you can swap and buy.
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Because by the time it is listed on the exchange, he will take time because the exchange process has been very long.
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So to reduce that process, this trick is swapping.
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As today is the 1st, it will take at least more than 1 month to list on the exchange.
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Until then, if you want to take advantage of the growth of this token and want to buy first,
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then at that time, it comes in handy for swapping.
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Give the token you have, get that token in return
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Because you feel that the growth of that token is more than the token you have, you are swapping it.
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So this is where swapping comes in handy. There are many platforms for swapping,
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among which the important ones are Binance Smart Chain and Ethereum Smart Chain.
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Those created on the Binance Smart Chain are exchanged with Pancake Swap
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and those created on the Ethereum platform are exchanged on a decentralized exchange like Uniswap.
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Both of these have a lot on swap but we are keeping these two ahead
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because both of them are number one and have very low fees and good service.
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So today we will talk about Manly Pancake Swap. Now let's talk about how you have to use it on your phone.
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There is also a desktop version and there is also a phone version if you want to use the desktop version,
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then whatever we are telling here, you can follow there.
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Almost all people use the phone, so today on the phone itself, we tell how to use it.
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You must have Trust Wallet before using it on the phone. What is Trust Wallet,
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it is a wallet in which you can keep your assets as you buy from any wallet.
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Suppose you are buying a token from WazirX, there that store resides but it is under someone else,
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it is under Nischal Shetty who owns it.
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Trust Wallet is not owned by anyone, it is a decentralized exchange, so most the people
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who have to keep their assets for a long time prefer to keep them in a decentralized wallet.
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Trust Wallet You will need what you have to pay in the first trust wallet,
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first, you will have to pay that for swapping and you will get the same swap that comes.
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For that, first, you need a trust wallet, after that, all the work has to be done inside the same wallet,
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then, first of all, you should prepare a trust wallet, if you have then it is a good thing
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and if you do not have what else happens to your trust wallet. If you want to know,
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then there is a video above, go and watch it with ease, after that continue this video,
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then you will enjoy more what is happening here.
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Now you have understood the Trust Wallet, now we move on, now let's go inside how you have to use it
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We have arrived, inside our trust wallet, we are talking about in the trust wallet,
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you must have BNB in order to swap any token in the pancake swap.
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Other than that with any token, you can't do it yourself, you can in any other exchange but you need a BNB token to use pancake shop in it.
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Right now I have 0.003424 BNB, which is very little, if we do this then the transaction may fail,
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then, first of all, we add BNB to our account.
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The method we use to add BNB is that we will buy BNB from Binance and then transfer it here.
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If you use WazirX, do it carefully every step of the way, because at this time you have to be a little careful when you transfer,
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no matter which exchanges you transfer from.
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Because there is not a single mistake acceptable, if a mistake is made, then that money will be lost to you.
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No one will tell you and no one can trace it because this is all decentralized exchange if you are ready to take so much risk
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then only know what is happening in this video otherwise you wait that any token when listing If it happens,
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then in the coming time, it comes on an exchange, then you buy it if you do not want to do all this haste,
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then relax, whenever it is listed on the exchange, you will buy the token at that time.
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People adopt this method to get as soon as possible, that's what we are telling you
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So here you have to first send BNB like we are telling you and you have to be careful in sending BNB only
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if you are sending from any exchange.
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We send from our Binance because it is easily transferred from here This video we have shown
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how we selected the BNB inside the wallet inside Binance and pressed on the withdrawal.
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Here BNB election press Receive, here Receive and withdraw here by copying the address, pasting here,
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pressing send, pressing OTP and sending, then in this way our BNB came here from there.
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The BNB which we sent has arrived in its BNB account and if we want to transact from Pancake Shop
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then we have to send that BNB to Binance Smart Chain.
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To send to smart chain simply have to click on BNB then click on more then click on swap to smart chain this will convert
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all the BNB we have ordered into the smart chain.
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Friends, we have added the money and transferred it after adding, now after that now we go to the pancake interface.
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Before going to the interface, the four options you see below are Wallet and Depp.
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The depp option is not easily available to the users of iOS.
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When you download Trust Wallet in Apple, you will not get the option of Dapps.
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But we have to go inside this, now you are a user of iOS and want the option of Dapps,
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then you will get the video in the button above, you will see it, I will also put it in the description below,
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you can enter the option of Dapps.
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After adding, now we go inside DApps, here you will be seeing the complete list, this is the official link of decentralized change.
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Here we go to the top link, after going to this link, Pancake Swap will open.
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You will be able to see on Pancake Pe Bapu, we are already connected, if you are disconnected,
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then click on Trust Wallet here and will be connected in 1 second.
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Its menu is very simple, two options are visible at the bottom, version one and version two.
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Version 1 is the old version and version two is the new version.
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You have to go to the new version, don't worry about the old one,
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if you already have any staking, then unstack it again and put it in the new version.
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Don't worry about help, I don't think you are going to get any help from this.
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For the rest we talk about its menu system, we will tell you slowly because the video is getting too long.
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After that liquidity will tell all these things, first of all, let's go on how to use its useful features.
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The first option of swapping, you will go the home and go to trade, then you will come to the exchange
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and after coming here you can do swapping.
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The main point in swapping is the fee, in which slippage tolerance is fixed here.
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We have 12 sets now because we just tried to buy a token that was showing 12 slippage tolerance.
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Normally 0.1 to 0.5 you can buy any type of token
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And if you are buying any extraordinary token like safe moon then you have to increase the slippage tolerance.
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And when you buy a normal token, keep it simple. Now let's show you what we're going to buy from it
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It is costing so much, now we have pressed the swap.
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Simply it's done, it's not a long job because all these are on the Binance smart chain.
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