As we delve deeper into our discussion about cryptocurrency, it’s important to acknowledge that Pancake Bunny is a newly launched digital asset in the industry.
This is founded and developed by the DEVs who preferred themselves to be anonymous, but their excellence speaks volumes. Over time, many experts and third parties vouched for the safety and serenity that Pancake BUNNY brings to the table.
If we are talking in terms of origins, Pancake BUNNY got its kickstart back in January 2021. BUNNY was able to offer substantial returns to initial investors with its small market valuation of about $400 million.
It’s no rocket science why Pancake BUNNY is making so much noise in terms of its popularity. As time is passing, more people are indulging in Pancake BUNNY.
Primary Pancake BUNNY Functions that You Need to Know
When you hear the news and see such a surge in a digital asset for yourself, you would be inclined to purchase it. However, with any cryptocurrencies in the market, there is no such thing as enough homework: the more you know will always serve you better.
And with Pancake BUNNY crypto, it is no different. Before making the first BUNNY purchase, you must know about certain things.
With Pancake BUNNY, there are a ton of features and incentives that users may monetize and utilize to support themselves.
The Bunny Staking Farm
When we talk about DeFi protocol, you are offered a pool with no fee for staking by the staking farm of BUNNY. It enables people to create (Wrapped Binance Coin) WBNB assets for profit and spend BUNNY assets for yield farming.
The Cake Tokens Staking
With this, the investors are granted two options to obtain Cake tokens. The first one is staking Cake tokens, and the other one is staking through the LP.
ZAP
ZAP is a fresh introduction to BUNNY. It helps people generate new LP assets with minimal hassle and without going through third-party payments.
Pancake Swap, the primary protocol powering Pancake BUNNY, may be used cross-functionally with the ZAP to enhance users’ holistic perspectives in bitcoin investing.
How Will You Purchase Pancake BUNNY Crypto?
Below is an easy guide on how can you make your first BUNNY purchase:
Get Yourself a Binance Account
Getting a Binance account is the very first and most essential step in this guide. Pancake Swap is known to be the leading (Decentralised exchange) Dex when we are talking about BSC.
And for this sole reason, if you wish to access Pancake Swap, BNB is a big priority! Ensure to purchase enough BNB to cover your requirement for BUNNY assets, as you’ll be exchanging BNB for BUNNY after your cryptocurrency wallet gets configured.
You Will Require Either MetaMask or Trust Wallet
Your crypto wallet is essential as you would be trading those BNBs directly from it. And for that to go swiftly, you would require a software wallet that BSC supports.
MetaMask & Trust Wallet are two software wallets that seem to be common among dealers of Pancake Swap.
However, for both these wallets, the configurations are made in such a way, it sets the network of Ethereum as default. Therefore, make it a priority to set BSC as the network.
Make Your First Purchase
You may either visit the PancakeSwap.finance homepage or the Trust Wallet application and look for PancakeSwap.finance to link your wallet there. You’re ready to start trading after you’ve connected to the system.
Now all you are required to do is to look around for BNB-BUNNY on the platform. It will set you to make the first BUNNY purchase.
The software will then compute the conversion rate dynamically when you select how many assets to purchase. You must authorize the transaction using your crypto wallet for it to be carried out.
Purchase a Hardware Wallet
This process is optional and most people prefer to not obtain a hardware wallet. The SafePal S1, however, is your best bet that enables BSC tokens if you’re interested.
Do the Necessary Research and Then You are Good to Go
As stated before, your first purchase of BUNNY is vital. And, it is why you should do your extended research and ask yourself as many questions as you can before you make the decision. After that, all you have to do is follow this guide precisely and you are good to go!
Disclaimer: Investing can be quite a wild ride – especially when you don’t know the terrain! To keep things from getting too rocky, take some time beforehand to get familiar with all of the risks involved. Our site is here to up your investor game by providing all available intel about platforms and trends, but we don’t take responsibility nor can we be held accountable as advisors. That being said, it’s still important for you to make educated decisions that match what works best for YOU – just remember: no amount of savvy will guarantee success or protect against loss so invest money you can spare.
