We recently announced that NWC is getting listed on PancakeSwap, and that day has now arrived.
The NWC/BUSD pair went live at 3PM CET on 3/3/2021. In order to demonstrate our commitment to PancakeSwap and the Binance Smart Chain ecosystem, we locked up 75% of $100k of our liquidity.
So why did we choose PancakeSwap?
We believe that trading on decentralized exchanges (DEXes), which takes the ideals of crypto to the next level — namely privacy, self-custody, and safety — should be accessible to absolutely everyone, and that is simply not the case on Ethereum-based DEXes given the current fees.
While a Uniswap transaction often has a gas fee of around $50, and sometimes upwards of $100, transactions on BSC are incomparably cheaper at under $0.5 for a PancakeSwap trade. This hasn’t gone unnoticed by the crypto community, with BSC (and especially PancakeSwap) volumes skyrocketing. At one point, PancakeSwap’s daily volume was higher than that of Uniswap, and even now the two DEXes are very close in terms of volume.
If you want to buy NWC on PancakeSwap, you’ll find that the interface is very similar to that of Uniswap, so you can refer to our Uniswap trading guide here (since the BSC contract address is identical to the one on Ethereum, the process of adding the NWC token to your wallet is also identical to the one in our Uniswap guide). Simply connect your wallet (you can also use MetaMask on BSC — click here for a guide on how to set it up), enter the amount you want to buy, and click Swap. The only real difference are the fees — because BSC is so efficient, you don’t need to worry about timing the transaction just right to save on gas.
In case you would like to swap NWC tokens between XLM, ERC20, and BSC versions, here is a step-by-step tutorial on how to do it.
Yours, NWC Team