How to trade $CPHR on Gate.io and Pancakeswap
If you’re wondering how to trade $CPHR either on a CEX or DEX, we’ve prepared a guide to help you with this. This guide shows you how to trade $CPHR on Gate.io, a top ten centralized cryptocurrency exchange as well as Pancakeswap, one of the largest DEX for trading DeFi tokens.
We’ve divided this guide into three sections:
- Section a: How to buy $CPHR on Gate.io
- Section b: How to transfer $CPHR from Gate.io to your Trust wallet
- Section c: How to buy and trade $CPHR on Pancakeswap
How to Buy $CPHR on Gate.io
Step 1
Creating an account on gate.io
Visit www.gate.io to create an account. Ensure that the link is the right one as you do not want to be using a phishing website.
After filling in your details, you will have to complete a security Puzzle.
Next, create a funding password that can be made of letters or alphanumeric compositions.
Email verification is needed for sign-up. As soon as the Email is verified, you can begin trading on Gate.io. However, to enjoy a wholesome experience, you will have to get verified.
Step 2
Buying $CPHR
To purchase $CPHR on Gate.io, you will need to fund your Gate.io account with either Bitcoin, USDT, or any other dominant cryptocurrency. You can choose to buy with your credit card, use a bank transfer or simply trade peer to peer.
You can also fund your account by transferring any dominant currency from another wallet to your Gate.io account. To do this,
- Click on wallets
- Go to spots accounts
- Click on Deposit and select and copy the address that matches the protocol you want to use from the other wallet. Then send the funds.
After sending the funds, click on markets and then search for CPHR and click on the CPHR-USDT pair
Next, scroll to buy and input the amount of CPHR you want to buy and then click on Buy.
Viola!!! Your Gate.io wallet is now funded with $CPHR
Step 3
How to sell
Open your Gate.io account
Click on markets and search for CPHR. the only trading pair available is CPHR/USDT
Click on Sell and input the amount you want to sale and then click on the big red sell button
Your CPHR has now been traded for USDT.
How to transfer $CPHR from Gate.io to your Trust wallet
Open your Trust Wallet App on your mobile phone. Click on the icon at the top right hand
Scroll down to the end and click on add custom token
Add the required details such as contract address, symbols etc which can be gotten on coingecko.com
Remember to change the protocol from Ethereum to Smart Chain as you do not want your token getting lost.
As soon as the smart contract is added on the Smart Chain protocol, the details will pop up automatically
Click on ‘DONE’ which you will find at the top right corner. Your Token has been added
Now go back to your home page and copy your $CPHR address paste it on Gate.io withdrawal portal and you will have your coins sitting in your trust wallet in no time.
How to buy $CPHR on PancakeSwap
Pancakeswap is the largest DEX on Binance Smart Chain and requires that users have BNB to be able to use it. If you don’t already own BNB, you can simply get some on Gate.io and move them to your Trust Wallet which you can then use to connect to Pancakeswap.
Now, let’s show you how to trade $CPHR token on Pancakswap.
- Visit https://pancakeswap.finance/swap#/swap?outputCurrency=0x7428be82fd79d4c98650a7c67de9682a64fcab71
- Click “Connect Wallet” and select “WalletConnect” option to help you connect any of your mobile non-custodial wallets like Metamask, Coinbase, Trust, Argent, Rainbow, Enjin etc. In this example we are adopting Trust Wallet, a WalletConnect-compatible wallet.
- After Clicking WalletConnect option and you see a QR code displayed,
- Open your Trust wallet mobile and click “Settings” then scroll down and click “WalletConnect” to display the QR code scanner. Tap “CONNECT” and your Trust Wallet will remotely connect with Pancakeswap dapp.
- Go back to your browser and then look at the top right-hand corner of the dapp to see that your wallet address is now displayed. If so, click “Manage Tokens”
- Toggle to “Tokens” and enter CPHR contract address: 0x7428be82fd79d4c98650a7c67de9682a64fcab71 in the space provided and “CPHR” will display. You may then click “Import”
- Continue by ticking the “I understand” box and click “Import”
- Your wallet should be funded with BNB already. If so, click “select a currency” and add CHPR then add the amount of coins you want to buy and then click “Swap” and then “confirm swap”
There you go! Your CPHR will be delivered to your wallet!!!
About PolkaCipher
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and being a bridge for seamless integration to on-chain Defi apps.
PolkaCipher’s unique offerings help push the use-cases of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (Dapps) and real-world business rewards.
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