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How to use contract address to buy coins on Pancake Exchange

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Release: 2024-07-24 18:21:02
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Yes, Pancake Exchange allows users to purchase tokens directly using contract addresses, saving exchange fees and slippage. Specific steps include: 1. Obtain the contract address; 2. Connect the wallet; 3. Enter the contract address and token amount; 4. Confirm the transaction; 5. Authorize the transaction; 6. Complete the transaction. NOTE: Be accurate when entering your contract address, transaction fees vary based on transaction volume and network congestion, and you should research and understand the token before purchasing.

How to use contract address to buy coins on Pancake Exchange

Pancake Exchange Contract Address Trading Tutorial

Pancake Exchange allows users to purchase tokens directly using contract addresses, thus saving exchange fees and slippage. Here’s how to buy tokens on Pancake Exchange using a contract address:

Step 1: Get the contract address

  • Navigate to the homepage of the token you want to buy.
  • Click on the "Contracts" tab to get the contract address of your token.

Step 2: Connect wallet

  • Click the "Connect Wallet" button in the upper right corner of the Pancake Exchange website.
  • Select the wallet you want to connect (e.g. MetaMask, Trust Wallet).

Step 3: Enter the contract address and token amount

  • In the "Purchase" page, paste the contract address into the "Contract Address" field.
  • Enter the number of tokens you want to purchase.

Step 4: Confirm Transaction

  • Check the transaction details to make sure everything is correct.
  • Click the "Buy" button.

Step Five: Authorize Transaction

  • Your wallet will prompt you to authorize the transaction.
  • Read the transaction details carefully and click the "Confirm" button.

Step 6: Transaction Completed

  • The time required for transaction completion depends on network congestion.
  • Once the transaction is completed, the purchased tokens will appear in your wallet.

Note:

  • When trading using a contract address, please make sure that the entered contract address is correct.
  • Transaction fees will vary based on transaction volume and network congestion.
  • Be sure to do your research and understand the token you are purchasing before purchasing.

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