How and Where to Buy Zugacoin (SZCB) – An Easy Step by Step Guide

But we are not done however. We need to convert our BTC into SZCB. As SZCB is presently listed on PancakeSwap we will guide you through how to convert your BTC on the platform. Unlike early centralized exchanges the conversion steps will be a small different on PancakeSwap since it is a decentralized exchange ( DEX ) which does not require you to register an bill nor going through any KYC summons, however, trading on a DEX requires you to manage your own individual key to your altcoin wallet and it is suggested that you take extra care of your wallet private key, because if you lost your keys, it means that you will lost access to your coins constantly and no customer defend will help you retrieve your assets back. Although if managed by rights it is in fact more secure to store your assets in your own private wallet than on substitution wallets. If you are silent uncomfortable with using a DEX good however, check if SZCB is available on any early traditional centralised exchanges on the tab above. Otherwise let ’ s follow these steps cautiously .

Convert your BTC into BNB on Binance

PancakeSwap is a DEX that is alike to Uniswap/Sushiswap, but rather 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 trading ( gas ) fees while trading on the chopine and is gaining popularity recently. PancakeSwap is built on an automated market godhead ( AMM ) system which relies on user-funded fluidity pools and that is why it can work absolutely without a traditional club book from centralised exchanges. In short-circuit, as SZCB is a BEP-20 token 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 SZCB 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 snap sediment. Copy the BTC address and lead back to Coinbase, withdraw your BTC to this address and delay for it to arrive, this should take around 15-30 minutes depending on use of the BTC network. once arrived, trade your BTC to Binance Coin ( BNB ) .

Transfer BNB to your own wallet

here comes the trickiest part of the serve, now you need to create your own wallet to hold both BNB and SZCB, 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 secure hardware that provide diverse layers of security to protect your assets, you only 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 obscure services/storage/email, and besides do not take photograph of it ). If you are planning to stay in the crypto scene for a while, it is highly commend that you get a hardware wallet .Ledger Nano S

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

Buy NowLedger Nano X

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 case 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 extension is offered by hypertext transfer protocol : //metamask.io for safety and then click Add to Chrome .MetaMask Proceed with “ Get Started ” and then click on “ create a wallet ” in the future riddle, read all the instructions on the adjacent screen and then click “ Agree ”MetaMask following choose a procure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you only need this password to access the Chrome Extension.

MetaMask hera comes the backup give voice generation footstep, on the blind you will see a tilt of random words appearing after you click “ reveal secret words ”, write these words down on a piece of paper and do not ever save them online, anywhere. For supernumerary security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically .CryptoSteel Capsule Solo once you have saved your seed phrases securely, confirm on the following 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 elongation bar on the browser and unlock your wallet with your password. You should see your initial balance afterwards .MetaMask nowadays you are fix to deposit your BNB to your wallet, head over to PancakeSwap, suction stop “ associate ” at the top and choose MetaMask .PancakeSwap If this is your first 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 footstep as it is very crucial that you make indisputable you are sending your BNB via the right network. After adding the net, switch to the network on MetaMask and you should be able to see your BNB remainder on the Binance Smart Chain. immediately copy the address to clipboard by clicking on the history appoint .MetaMask now head back to Binance or whichever exchange you bought BNB. Go to the BNB wallet and blue-ribbon Withdraw, on the recipient address, paste your own wallet address and make sure it is the adjust address, then on transfer network, make certain you have selected Binance Smart Chain ( BSC ) or BEP20 ( BSC )MetaMask Click present and follow the confirmation steps afterwards. After successfully withdrawing your BNB it should arrive identical concisely to your own wallet. now you ’ re ready to buy SZCB finally !

Head back to PancakeSwap, blue-ribbon Trade > Exchange on the left sidebarPancakeSwap You should see a relatively simple interface here with basically fair two fields, from and to, and a big button saying either “ connect Wallet ” or “ Swap ” .PancakeSwap Click on Connect Wallet if you haven ’ triiodothyronine done so already. Otherwise you should be able to see your BNB symmetry here at the from airfield, enter the come you would like to exchange for SZCB and then on the to field, choose SZCB from the dropdown, the represent measure of SZCB should show up immediately. Verify and then proceed with “ Swap ”. In the next 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, pawl Confirm. Wait for the ratification blind until it shows “ Transaction Submitted ”, congratulations ! You have finally bought SZCB ! ! After a short while you should be able to see your SZCB balance on your MetaMask Wallet .PancakeSwap

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Category : Tech

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