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New Coins Coming to Pancakeswap: DEXes better than CEXes?

New coins coming to Pancakeswap

Pancakeswap is a decentralized exchange built on the Binance Smart Chain. It is one of the most popular exchanges in the DeFi space and allows users to trade various assets, including BEP20 tokens. By utilizing smart contracts to replace the entities that supervise transactions, a DEX differs from a traditional centralized exchange, such as Binance or Coinbase, in which intermediaries are removed. PancakeSwap primarily uses BEP-20 tokens from the BSC, but it is also possible to utilize other tokens via the Binance Bridge by “wrapping” them as a BEP-20 token.

In the past few months, cryptocurrencies have seen a massive influx of investors and interest. Meme tokens like Dogecoin, Shiba Inu, and Safemoon have gained popularity and value. Following the success of meme coins, hundreds of new meme cryptocurrencies have been created.

Most of the new meme coins are initially listed on PancakeSwap, a SWAP exchange on which anyone can list their BSC tokens. Users can buy these coins once they have been successfully listed. We’ve compiled a list of the newest PancakeSwap and listings that are due to go live soon. This guide evaluates the top new coins coming to PancakeSwap shortly.

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Battle Infinity

The Battle Infinity (IBAT) is a gaming platform with several P2E games enclosed by a metaverse environment dubbed The Battle Arena. Gamers may also interact with the platform and other gamers in the metaverse besides playing games.

Battle Infinity

Players earn rewards through IBAT – the utility token of Battle Infinity – for their gameplay and interaction on the platform. These rewards are accrued as points, which can be used to redeem various items within the games or exchanged for IBAT tokens.

The project raised its 16,500 BNB hard cap in just a few hours- over $5 million. The main reason the Battle Infinity presale was successful beyond others is that it plans to build an innovative ecosystem that will function well within the metaverse.

The $IBAT token is the heart of Battle Infinity’s features, which combine the game platform and blockchain by eliminating boundaries, making the ecosystem more streamlined, efficient, and barrier-free.

Aside from the staking feature and other P2E multiplier games, Battle Infinity plans to offer other products. For example, IBAT was priced at a mere $0.0015 per token during its presale.

How to buy Battle Infinity

The procedure is somewhat different from purchasing other cryptocurrencies. Finally, the presale is managed directly by the publisher on the presale platform, specifically designed for this purpose. With the instructions below, you should have IBAT tokens in your wallet in less than 10 minutes.

1. Log into the Battle Infinity presale website

The first step for crypto investors is to visit the presale page on Battle Infinity. Here, they will find the crucial windows open immediately.

2. Buy Binance Coin

The IBAT Coin is a BEP-20 cryptocurrency that runs on the Binance Smart Chain. This implies that you must have Binance Coin in your wallet to acquire IBAT. You may go straight to step two if this is in your wallet. For example, one can purchase BNB via the broker eToro without paying commission fees. The whole process takes less than 10 minutes.

3. Connect wallet to Battle Infinity

The next step is to link the wallet to Battle Infinity. This is made possible with the Metamask Wallet or the Walletconnect option. You must have switched your compatible wallets over to Binance’s Smart Chain.

4. Select the desired amount of IBAT you want to purchase

Select the amount of IBAT you wish to purchase. You can immediately see how many Binance Coins you’ll need to invest. If you want 250,000 IBAT tokens, for example, you’ll have to invest roughly 1.5 BNB. After one more click on “Buy IBAT,” the transaction is complete. For further information, check out their telegram group or the official website.

2. Lucky Block

Lucky Block is a decentralized project built on the Binance Smart Chain that focuses on delivering trustless, permissionless, and provably fair games to the community. The Lucky block team launched their first game on PancakeSwap, a lottery system based on the Binance Smart Chain.

This cryptocurrency aims to modernize the global lottery industry by bringing an old game of chance to the blockchain. There are no third-party middlemen to deal with, resulting in quicker payouts for those with a winning virtual ticket.

The LuckyBlock seems to be one of the most popular coins launched on Binance in recent months. The project has been gaining much attention and recognition from the online gambling community. Lucky Block’s LBLOCK token is one of the most successful examples in recent history. Before being listed on PancakeSwap in January 2022, LBLOCK went through an initial presale campaign.

LuckyBlock reached highs of  $0.009, notably a price surge of 6000% before the recent crypto winter that saw many projects lose over 90% of their value.

Given its current price levels, an upside move to $0.009 would result in more than 800 percent gain. With that in mind, investors will need to be patient; Lucky Block is still in the early phases of its roadmap goals. The primary goal of this project is to establish an NFT competition ecosystem through Lucky Block.

Buy Lucky Block

LuckyBlock’s price has been on an upsurge in the last month of July, with an increase of around 400 percent, whereby it is currently trading at $0.008.

The remarkable competitions listed on the Lucky Block, which include VIP tickets to the FIFA world cup, a $1 million UK-based house, and a $1 million allocation of Bitcoin, have been fueling the recent rise in LBLOCK prices.

After the user decides which competition to join, they will buy a unique NFT from the respective collection. All of Lucky Block’s collections are related to a specific competitive draw. By buying a Lucky Block NFT, users gain crypto rewards through the LBLOCK token as long as it stays in their wallets.

If the NFT holder wins the competition, they will be rewarded regardless of whether they were a first-time winner. Another critical difference between Lucky Block and other cryptocurrencies is that it has a V1 token that runs on Binance’s Smart Chain, which is why it made our list of the most OK PancakeSwap coins. The project also offers a V2 token that runs on Ethereum.

3. Tamadoge (TAMA)

Some people say that Tamadoge could potentially replace Dogecoin and Shiba Inu as the best new meme coin of 2022. So far, it looks like this Memecoin has a lot of potential.

You’re not wrong if you think the name sounds like “virtual pet” Tamagotchi. The concept of Tamaverse, as presented by the team, will allow everyone to create and interact with their dogs while also allowing them to interact with their NFTs in AR.

Tamadoge’s concept of memecoins and play 2 earn is unique and has excellent potential. The Tamadoge Tamaverse is built on top of the Ethereum blockchain, and its ecosystem is comparable to Elon Musk’s Baby Dogecoin and Shiba Inu. This has brought a lot of interest to the coin, which already appears to be one of the most sought-after meme coins in 2022.

The technique works well, and the crew has already amassed over $1 million in only 14 days!

The TAMA token is a utility tokenTamadoge’s Tamaverse and has zero transaction fees. The TAMA Token will be accepted for all in-game purchases, NFT upgrades, and transactions.

You must select your first doge when you join the Tamaverse. All dogs must be sold on the platform as NFTs, which may be taken with you on the go. The tokens are now available for purchase in presale for $0.01 and can be purchased using USDT or ETH.

The minor purchase you can make on the official website is $150, so you’ll get at least 15,000 tokens. Half of all available tokens have sold out already, so you’ll have to act quickly if you want to become an early investor. Remember that historically, all tokens on presale like Tamadoge have made their investors at least 3x their initial investment once they were launched.

The Beta presale for this token started on July 25th, 2022, and will end on September 2nd. The general presale, open to the public, will begin after the close of the Beta presale and end in Q4 2022.

New Coins Coming to Pancakeswap: DEXes better than CEXes? 1

Anyone may buy TAMA with Ether or US Dollar trust funds, and there is no minimum amount of money needed. However, the Tamadoge team advised consumers who wish to acquire the tokens to purchase a minimum of $150 worth of ETH or USDT.

The price for 1 TAMA is $0.01, or 10,000 TAMA tokens can be bought for $100. Here is a guide on how to purchase TAMA tokens:

  • Sign up for your wallet – Tamadoge uses Metamask or Trust Wallet to store tokens.
  • Purchase ETH or USDT – You can acquire TAMA using these funds.
  • Visit the Tamadage website – This is where the presale begins.
  • To make a purchase, click on ‘Buy’ and then follow the prompts to connect your wallet.
  • Use the forms below to buy TAMA coins. Enter the amount of ETH you want to convert, and click “Convert ETH.”
  • After the presale, you may claim your tokens via the website.

4. DaoVerse

By placing stakes on the DaoVerse farm-as-a-service platform for cryptocurrency mining, users can earn yield in DVRS, the platform’s native token.

DVRS on Twitter: "Check out DaoVerse Whitepaper: 🔹https://t ...

DaoVerse is a multiverse that exists on the Ethereum blockchain. The platform focuses on creating games, experiences, and tools that help people stay connected to each other and their communities.

The DaoVerse team believes that by using the power of decentralization, they can create a more equitable world for everyone.

The DVRS token is a utility token used to power the DaoVerse ecosystem. It can be used to buy in-game items, experiences, and other digital goods.

The DVRS token is also used to stake on the DaoVerse farm-as-a-service platform. By staking DVRS, users can earn yield through DVRS tokens.

The DaoVerse farm-as-a-service platform is a decentralized platform that allows users to stake their DVRS tokens to earn yield.

New Coins Coming to Pancakeswap: DEXes better than CEXes? 2

The Ethereum network powered the platform and used smart contracts to allow users to stake their tokens and earn yield.

The DaoVerse farm-as-a-service platform is currently in beta, and the team is working on adding more features and functionality.

The DVRS token is available for purchase on the DaoVerse website. The price of 1 DVRS is $0.01.

5. PirateXPirate

PirateXPirate follows PancakeSwap’s top coins. This project was introduced in the middle of 2022, making it one of the newest cryptocurrencies on the market. The game, as the name implies, is focused on a pirate motif, with players tasked with creating a fleet of ships crewed by various personnel.

Image result for Pirate pirate Crypto images

The first phase of PirateXPirate is PVE (player vs. environment). This permits players to adventure in the PirateXPirate realm with their posse and later contest against the concealed algorithm. With smart contracts verifying all gameplay, this promises that 100% of game outcomes are both fair and transparent.

Players can earn real-world crypto tokens by entering battles and winning. The next stage of development – which officially launches in August, will introduce the PVP (player vs. player) model. This will enable players to enter battles with each other – which in many ways will take the project to a whole new level.

Players may also discover and amass unique NFTs in addition to winning PXP tokens. Each NFT has been developed to improve gameplay in mind. Players may buy and sell NFTs on PirateXPirate’s online marketplace. In conclusion, this is one of the superior coins on PancakeSwap for individuals interested in metaverse gaming projects.

Should Investors Buy Coins on PancakeSwap?

PancakeSwap is a decentralized exchange with Binance Smart Chain tokens as its list of tradable assets. The project’s benefits are critical to whether its investors should purchase coins listed on this platform.

Nonetheless, PancakeSwap does come with its pros and cons – which should be carefully weighed before making any purchasing decisions as one is advised to do own research as our guide is not investment advice.

In terms of advantages, PancakeSwap is a decentralized exchange – which many investors see as a chance to buy coins anonymously and without having to go through a centralized platform.

Furthermore, PancakeSwap has low fees compared to other decentralized exchanges, access to thousands of new crypto projects, and PancakeSwap Often Follows a Presale.

Many crypto Investors should also be aware that PancakeSwap is not affiliated with Binance – which means that there is no guarantee that this project will continue to list Binance Smart Chain tokens. 

On the other hand, some disadvantages are that the investment process is ever-so-slightly more cumbersome than using a centralized exchange (CEX) – at least for beginners.

In addition, PancakeSwap is a decentralized exchange and cannot legally accept fiat money. Therefore, investors must first ensure that they have a wallet that connects to the Binance Smart Chain and is funded with BNB.

How to Buy Cryptocurrency Tokens And Coins On PancakeSwap App

Buying already existing assets or new coins coming to PancakeSwap is a simple process, and we will walk you through each step so that you can get started investing in the coins of your choice.

Step 1: Download Trust Wallet or MetaMask Wallet 

metamask review

Get a Trust Wallet or Metamask before using the PancakeSwap App to purchase crypto coins. Why? Because it’s simple to use and completely free, it’s beneficial for novices. It is available on both iOS and Android devices.

Step 2: Link your MetaMask to PancakeSwap

>> Now that the investor has BNB in their MetaMask wallet, they can proceed to buy coins on PancakeSwap.

how to buy IBAT on Pancakeswap

Step 3: Transfer BNB to Your PanCakeSwap App

To trade on the PancakeSwap app, you must first transfer your BNB to the wallet. This is a necessary step before continuing.

At the bottom of your Trust Wallet screen, select the “DApps” button. From the drop-down menu that appears, choose PancakeSwap. Afterward, you must confirm the connection between Trust Wallet and Metamask by selecting “yes.”

Step 4: Add The Token You Want To Purchase To Metamask or Trust Wallet

To buy a Pancakeswap token or coin, first, find the contract of the token or coin you want to purchase. Then add it to the list on Pancakeswap. After that, make your purchase and accept the transfer on either Metamask or Trustwallet.To finalize your purchase, you must select “Add Custom Token” in your crypto wallet. Then, paste the contract address of the set token. You will know the process is complete when you see that the number of tokens you own has changed in your wallet summary.

Conclusion

PancakeSwap is a well-designed decentralized exchange that offers users various methods to earn capital, including multiple token farms and pools in the crypto community. CertiK has certified it as a secure and trustworthy exchange for people looking to capitalize on the ever-changing cryptocurrency market. There is no customer support available on the PancakeSwap website. However, users can reach out to the team or community for help via social media channels.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

What is PancakeSwap?

PancakeSwap is a decentralized exchange built on the Binance Smart Chain that allows for the trading of BEP20 and BEP2 tokens.

How do I buy cryptocurrency on PancakeSwap?

In order to trade on the PancakeSwap app, you must first transfer your BNB to the wallet. This is a necessary step before continuing.

How do I add a token to PancakeSwap?

To buy a Pancakeswap token or coin, first, find the contract of the token or coin you want to purchase. Then add it to the list on Pancakeswap. After that, make your purchase and accept the transfer on either Metamask or Trustwallet.

How do I withdraw from PancakeSwap?

How do I withdraw from PancakeSwap?

Alden Baldwin

Alden Baldwin

Journalist, Writer, Editor, Researcher, and Strategic Media Manager: With over 10 years of experience in the digital, print and public relations industries, he has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a a self sustaining institute that provides free education. He is working towards funding his own startup. As a technical and language editor, he has worked with multiple top cryptocurrency publications such as DailyCoin, Inside Bitcoins, Urbanlink Magazine, Crypto Unit News and several others. He has edited over 50,000+ articles, journals, scripts, copies, sales campaign headlines, biographies, newsletters, cover letters, product descriptions, landing pages, business plans, SOPs, e-books, and several other kinds of content.

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