ACADEMY BANUS: Your Definitive Guide to DEX BANUS
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To open an account on MetaMask, follow the steps below. MetaMask is a popular cryptocurrency wallet provided as an extension for web browsers like Chrome, Firefox, and Brave.
Instructions for opening an account on MetaMask:
Visit the official MetaMask website: https://metamask.io/
Click the "Download" button.
Choose your platform (Chrome, Firefox, iOS, Android, etc.).
Follow the instructions to install the extension on your browser or the app on your mobile device.
After installation, click on the fox icon (MetaMask's logo) that should now appear in the upper right corner of your browser.
Click on "Get Started".
You'll have the option to "Import Wallet" or "Create a New Wallet". If you're a new user, choose "Create a New Wallet".
Creating a New Wallet
MetaMask may ask if you'd like to help improve their product. You can choose to participate or click on "No Thanks".
Set a strong password for your account. This password will be used to access MetaMask in your browser.
Read and accept the terms of service.
Backup of Recovery Phrase
MetaMask will provide you with a "recovery phrase" of 12 words. It's crucial that you write down this phrase and keep it in a safe place. This phrase allows you to recover your wallet if you forget your password or if you're accessing your wallet from a new device.
After writing down the phrase, MetaMask will ask you to confirm the word order to ensure you've backed it up correctly.
Once the recovery phrase is confirmed, your MetaMask account will be set up and ready for use!
Never share your recovery phrase with anyone. With that phrase, anyone can access your wallet and your funds.
Do not store your recovery phrase digitally (e.g., no screenshots, no saving in text files). Ideally, maintain a physical written copy on paper stored securely.
Keep both your password and recovery phrase safe to ensure the security of your funds and tokens on MetaMask.
Buy BANUS/BNB tokens on PancakeSwap
Prerequisites: • Have the MetaMask extension installed and configured with Binance Smart Chain.
• Make sure you have enough BNBCHAIN in your MetaMask Wallet to make the purchase and cover the transaction fees. Step by step:
1. Go to the PancakeSwap Website: Open your browser and go to the PancakeSwap website: https://pancakeswap.finance
2. Connect your Wallet: In the upper right corner of the page, click on the "Connect" button and select the "MetaMask" option. This will allow you to connect to your MetaMask wallet. 3.
Select Tokens: On the PancakeSwap dashboard, you will see the option "From" and "To". In the "From" field, select BNB. In the "To" field, enter 0x98999Aa1B0D17fB832FD509e13b67FE506513a6D
4. Approve Transaction: After selecting 0x98999Aa1B0D17fB832FD509e13b67FE506513a6D as the token you wish to purchase, click "Connect" to authorize the transaction. MetaMask will ask you to approve the transaction. Confirm the transaction, which is BANUS transfer approval.
5. Set Quantity: After approving the transaction, you will be returned to PancakeSwap main page. Now you need to enter the amount of BNB you want to exchange for BANUS. Remember to factor in transaction fees.
6. Perform Swap: After setting the amount, click "Swap" button. MetaMask will again ask you to approve the transaction. Confirm the transaction and wait for the exchange to complete.
7. Confirmation and Verification: Once the transaction is confirmed on Binance Smart Chain, you will see a confirmation screen on PancakeSwap. You can check transaction details on BSCScan
8. Check Balance: After switching, you can check the BANUS balance in your MetaMask wallet or in a block explorer.
Keep in mind that transaction fees on Binance Smart Chain may vary depending on network activity at the time. Make sure you have enough BNB to cover these fees.