Quick note: Bitcoin BEP2 (BTCB) is just like Bitcoin (BTC) but on the BNB (also known as BSC) Chain.
What is PancakeSwap? 🥞
PancakeSwap is the BNB Chain’s (previously known as Binance Smart Chain) biggest and most used decentralized exchange or ‘DEX’, with thousands and thousands of tokens available for trading; and without the need for any account registration!
Prerequisites ✨
- Trust Wallet or MetaMask
- Some BNB (or an exchange account)
Buying BNB 🔶
If you don’t have some BNB coins yet, you can easily purchase some using your favorite reputable exchange such as FTX and Binance.
Buying Bitcoin BEP2 (BTCB) on PancakeSwap using Trust Wallet 📱
Using PancakeSwap on Trust Wallet 🥞
- Open the Trust Wallet app
- Click on the DApps tab, then look for and tap on PancakeSwap
- When asked about connecting to your wallet, switch from the Ethereum to BNB Smart Chain option, then Tap on Connect
Buying the Bitcoin BEP2 (BTCB) tokens 🛒
- On the bottom options, tap on Trade
- On the second token drop-down field (default is usually the CAKE token), type in BTCB
If you haven’t imported BTCB yet, tap on the Import button, tap on the I understand checkbox, then tap on Import - Enter in the amount of BNB you want to convert to BTCB
- Click on Swap
- Approve the Trust wallet transaction
Congratulations, you have now bought some Bitcoin BEP2 (BTCB) tokens!
Buying Bitcoin BEP2 (BTCB) on PancakeSwap using MetaMask 🦊
If you haven’t added the BNB Chain Network to MetaMask, follow our short guide here.
- Head over to pancakeswap.finance/swap
- Connect your MetaMask wallet
- On the second token drop-down field (default is usually the CAKE token), type in BTCB
If you haven’t imported BTCB yet, tap on the Import button, tap on the I understand checkbox, then tap on Import - Enter in the amount of BNB you want to convert to BTCB
- Click on Swap
- Approve the MetaMask transaction
Congratulations, you have now bought some Bitcoin BEP2 (BTCB) tokens!
Final Thoughts 🗒
Trading or investing in tokens is great and all that, but always make sure your funds are secure. To achieve this, we always recommend using a nice hardware wallet like a Ledger.
