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How to Use PancakeSwap to Earn Passive Income Funding From Binance US (Latest Version Oct 2021)
00:00 Intro
01:00 Set up Metamask Wallet in your browser
02:00 Back Up Metamask
03:30 Confirm Metamask Backup
04:19 Rename Your Metamask Wallet (Optional)
04:43 Configure Metamask for Binance Smart Chain
06:09 Switching Between Configured Networks in Metamask
06:27 How BNB coin works in a BSC Metamask Wallet
07:32 Connect Pancake Swap DEX to your Metamask Wallet
08:21 Funding Your Metamask Wallet With BNB coin Using Binance.US
09:12 Trade for BNB on Binance .US Using US Dollar
11:00 Transfer Your BNB from Binance.US to Your Metamask wallet
14:55 The Pancake Swap Trading Interface
15:43 How to add a New Coin to Pancake Swap
17:47 Passive Income 101: Trade BNB for CAKE Tokens
20:08 Add a Coin/Token to Your Metamask Wallet
21:28 Passive Income 102: Staking single Coins in Pancake Swap
23:41 Checking Your Wallet Balance when staking
24:43 Passive Income 103: Providing Liquidity
28:03 Creating A CAKE-BNB Liquidity Pair
30:11 Adding Our Liquidity Pool Token to Metamask
32:19 Passive Income 104: Farming Liquidity Pool Tokens
33:44 Pitfalls of Passive Income Token Rewards (cash out or reinvest?)
35:07 Checking Metamask Balance when Staking & Farming
35:35 Make it Easier to Check Your Current Farming Pools
36:17 Unwinding Your Positions
36:55 Un-staking Your LP tokens From Farms
37:50 Removing Your Tokens from Liquidity Pools
39:00 Un-staking Your Tokens from Single Token Pools
39:53 Taking Profits Trade Your Tokens back to BNB Coin
42:19 Withdraw BNB Coin from Metamask back to Binance.US
45:18 Trade Your BNB for US Dollars in Binance.US
46:08 Recap
!!👨💻 SET UP A BINANCE US ACCOUNT 👩💻 !! https://www.binance.us/?ref=35000644
Pancake Swap Website: https://pancakeswap.finance/
Coin Gecko: https://www.coingecko.com/en
Intro to Binance Smart Chain: https://academy.binance.com/en/articles/an-introduction-to-binance-smart-chain-bsc
Download MetaMask Here: https://metamask.io/download.html
Guides to Set up BSC in MetaMask: https://docs.binance.org/smart-chain/wallet/metamask.html
https://medium.com/dapp-com/how-to-connect-metamask-to-binance-smart-chain-41f6585c7959
Binance Chain RPC URLs: https://docs.binance.org/smart-chain/developer/rpc.html
Guide To Pancake Swap: https://docs.binance.org/smart-chain/wallet/metamask.html
What Is Impermanent Loss: https://www.binance.com/en/support/faq/7b6256ceba3840dcaecdd922675ec0c3
💲 OPEN A CRYPTO.COM ACCOUNT 💲 Use my referral link https://platinum.crypto.com/r/cryptodad to sign up for Crypto.com and we both get $50 USD :) Or use the code cryptodad when registering. Thanks!
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Legal & Disclaimer Notice: This video is provided solely for informational and/or educational purposes. It is not offered as advise (whether professional, financial or investment advice or otherwise) Investing in Cryptocurrencies in inherently risky. Never spend money on Cryptocurrencies you can’t afford to lose.
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#pancakeswap #binancecoin #bsc #binancesmartchain
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