If you want to launch your Liquidity Pool at BNB, in this post I am going to recommend you the two best options to do it in 1 minute and without complications.
PancakeSwap is the decentralized exchange (DEX) of reference in the Binance Smart Chain (BSC). Thanks to its integration with the BEP20 standard, you can create a liquidity pool of any BEP20 token on BSC, allowing any user to buy and sell your token.
On the other hand, Uniswap is one of the largest and most widespread dex in the ecosystem and also supports BNB.
Here I will explain in simple steps how to launch on either platform.
Options when creating a BEP20 Token Liquidity Pool in PancakeSwap
You have 2 options: use the Create BEP20 Liquidity Pool dApp at Smithii, where you will be able to launch your token at Uniswap or go directly to PancakeSwap. Our interface is simpler and audited, so we recommend it. However, we will tell you about both options.
1. Create Liquidity Pool BEP20 at Uniswap with Smithii
Go to the Create Liquidity Pool on Binance Smart Chain (BSC) online toolbinance, select the Binance Smart network Chain network and connect your preferred wallet .
- Connect your wallet in the Create Liquidity Pool dApp at Binance
- Choose the “Base Token” (for example, $BNB, $USDT, $BUSD, etc.)
- Choose the “Quote Token”, this is your BEP20 token that you wish to list on the market.
- Add Liquidity: select the amounts of Base Token and Quote Token to be matched, which defines the initial price of your token.
- Click on “Create Liquidity Pool” and confirm the transactions on your wallet.
In a few seconds, you will have your Liquidity Pool created at Uniswap through Smithii. The cost of creating a liquidity pool on Binance at Smithii is 0.01 BNB + Gas.
If you don’t have your token yet, here’s how to create your own BEP20 token at Binance Smart Chain without programming.
2. Create BEP20 Token Liquidity Pool in PancakeSwap
To start with the creation of our Liquidity Pool, we access directly to the Pancakeswap app and connect our wallet. From the main menu, select “Liquidity”.
2.1 Go to Liquidity section
To create your liquidity pool, the first step is to go to the Liquidity section of Pancakeswap. First select the token which can be a stable coin such as USDT or BUSD.
Click on the “Add Liquidity” button .
2.3. Configures liquidity
PancakeSwap will use V3 by default. Select the pool rate according to your strategy: 0.01% for stablecoins, 0.05% for liquid pairs, 0.25% for most tokens and 1% for volatile tokens.
2.4. Setting starting price and price range
Define the range in which your liquidity will be active. If the price goes out of this range, you will stop generating commissions. Use the chart to manually adjust the values or select “Full Range” if you prefer to cover the entire market (although this is not optimal for maximizing rewards).
2.5. Deposit liquidity
After defining the price range, deposit the liquidity of the token pair in the amount you deem appropriate for optimal trading.
Once you finish you will see your liquidity pool in the “My liquidity” section.
Conclusion
In this post I explained how to launch your Liquidity Pool of BNB at Uniswap, one of the most used and reliable platforms for this blockchain.
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