B
BNB.info
Start with BNB today

PancakeSwap on BNB Chain ✨

Step-by-step guide to using PancakeSwap: how to swap, add liquidity and farm safely on BNB Chain.

Publicado: 2025-08-29 · Actualizado: 2025-08-29

PancakeSwap on BNB Chain: swaps, liquidity and farms explained

PancakeSwap is the DeFi hub of BNB Chain, but without proper knowledge, you could lose funds fast.

TL;DR

  • ✅ Swaps: exchange tokens instantly.
  • ✅ Liquidity: earn fees by providing pairs.
  • ✅ Farms: boost rewards with LP tokens.
  • ⚠️ Impermanent loss and scams are real risks.

Context

Unlike centralized exchanges, PancakeSwap is a DEX: no order books, only liquidity pools. This gives you full control but also full responsibility.

Prerequisites

  • Wallet set up with BNB Chain (MetaMask, Rabby or Binance Web3 Wallet).
  • BNB for network fees.
  • Tokens to swap or provide.

Step by step

  1. Access PancakeSwap

Go to pancakeswap.finance and connect your wallet. ⚠️ Always double-ch

Frequently Asked Questions

What should I check first?
Real product, team, tokenomics, audits, community, and on-chain activity.
How to spot red flags?
Unreal promises, unaudited contracts, excessive permissions, aggressive marketing.
What is TVL?
Total Value Locked. Useful but not the only metric.
What is a token unlock?
Token release schedule. Can add sell pressure as supply increases.
How to assess liquidity?
Volume, depth, and spreads. Avoid illiquid pairs.
What does an audit mean?
Third-party code review. It reduces risk but isn’t a guarantee.
What is multisig?
Multiple signatures control. Can improve security if properly set.
How to reduce interaction risk?
Separate wallet, limited approvals, revoke permissions.
CEX or DEX to enter/exit?
Depends on liquidity/fees. On DEX review route and slippage.
Is this financial advice?
No—educational/informational content.