Convert your BTC into BNB on Binance
PancakeSwap is a DEX that is similar to Uniswap/Sushiswap, but alternatively it runs on Binance Smart Chain ( BSC ), where you will be able to trade all BEP-20 tokens ( as oppose to ERC-20 tokens in the Ethereum blockchain ), unlike Ethereum, it greatly reduces the trade ( natural gas ) fees while trading on the chopine and is gaining popularity recently. PancakeSwap is built on an automated market maker ( AMM ) system which relies on user-funded liquidity pools and that is why it can work perfectly without a traditional order reserve from centralised exchanges. In inadequate, as SPORE is a BEP-20 keepsake running on Binance Smart Chain, the quickest direction to buy it is to transfer your BTC to Binance ( or the exchanges listed on the table below for US traders ), convert it into BNB, then send it to your own wallet via Binance Smart Chain and swap your BNB for SPORE on PancakeSwap. US traders should consider signing up on the exchanges below.
once you have registered on Binance or the exchanges suggested above, promontory over to the wallet page and choose the BTC and click deposit. Copy the BTC address and head back to UpHold, withdraw your BTC to this address and delay for it to arrive, this should take around 15-30 minutes depending on usage of the BTC network. once arrived, trade your BTC to Binance Coin ( BNB ) .
Transfer BNB to your own wallet
here comes the trickiest separate of the action, now you need to create your own wallet to hold both BNB and SPORE, there are several options to create your own wallet, the best option is to use a hardware wallet, such as Ledger Nano S or Ledger Nano X. They are impregnable hardware that provide versatile layers of security to protect your assets, you merely have to store the seed phrases in a safe place and never put it on-line ( i.e. do NOT upload the seed phrases to any mottle services/storage/email, and besides do not take photograph of it ). If you are planning to stay in the crypto setting for a while, it is highly commend that you get a hardware wallet .
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
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Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Buy Now alternatively you can create your own wallet, here we will use MetaMask as an model to show you how to set up your wallet .
Add MetaMask extension to Chrome
We recommend using Google Chrome or Brave Browser here. Go to Chrome Web Store and search for MetaMask, make certain the propagation is offered by hypertext transfer protocol : //metamask.io for safety and then click Add to Chrome . Proceed with “ Get Started ” and then click on “ create a wallet ” in the adjacent screen, read all the instructions on the future screen and then click “ Agree ”
next choose a secure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you alone need this password to access the Chrome Extension.
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here comes the backup give voice generation step, on the screen you will see a list of random words appearing after you click “ unwrap mystery words ”, write these words down on a firearm of paper and do not ever save them online, anywhere. For extra security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically .
once you have saved your seed phrases securely, confirm on the adjacent screen by verifying them. And you ’ re done ! Read the tips once more to ensure you ’ re in full aware of the security issues and click all done, now your wallet is ready. now click on the MetaMask icon on the reference bar on the browser and unlock your wallet with your password. You should see your initial balance afterwards .
now you are ready to deposit your BNB to your wallet, head over to PancakeSwap, click “ associate ” at the circus tent and choose MetaMask .
If this is your first base time to connect with MetaMask you should be asked immediately if you would like to add the Binance Smart Chain network to your MetaMask, please do proceed with this step as it is identical significant that you make sure you are sending your BNB via the proper network. After adding the network, switch to the network on MetaMask and you should be able to see your BNB libra on the Binance Smart Chain. now copy the address to clipboard by clicking on the account name .
nowadays head back to Binance or whichever change you bought BNB. Go to the BNB wallet and choice Withdraw, on the recipient address, paste your own wallet address and make certain it is the correct address, then on transfer network, make certain you have selected Binance Smart Chain ( BSC ) or BEP20 ( BSC )
Click resign and follow the confirmation steps afterwards. After successfully withdrawing your BNB it should arrive identical soon to your own wallet. now you ’ re ready to buy SPORE ultimately !
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Head back to PancakeSwap, choose Trade > Exchange on the impart sidebar You should see a relatively simple interface here with basically barely two fields, from and to, and a big button saying either “ plug in Wallet ” or “ Swap ” .
Click on Connect Wallet if you haven ’ thymine done so already. Otherwise you should be able to see your BNB balance here at the from discipline, enter the amount you would like to exchange for SPORE and then on the to field, choose SPORE from the dropdown, the comparable sum of SPORE should show up immediately. Verify and then proceed with “ Swap ”. In the adjacent screen, confirm the transaction once more by clicking Confirm Swap. immediately MetaMask should pop up and ask you if you want to allow PancakeSwap to spend your BNB, suction stop Confirm. Wait for the confirmation shield until it shows “ Transaction Submitted ”, congratulations ! You have finally bought spore ! ! After a short circuit while you should be able to see your SPORE libra on your MetaMask Wallet .
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