PancakeSwap is a decentralized exchange (DEX) and automated market maker (AMM), primarily built on the BNB chain, launched in September 2020. It allows users to trade BEP-20 tokens, provide liquidity, stake, yield farm, and participate in lottery and NFT trading among other DeFi activities. Its native token CAKE is used for governance, staking, and earning rewards. PancakeSwap is known for low fees and high trading volume, with its total locked value (TVL) exceeding $1.62 billion based on recent data. The platform supports multiple blockchains, including Ethereum, Solana, Arbitrum, etc., and supports cross-chain exchanges. PancakeSwap is open-source, audited by companies like Certik and Slowmist, and operated by an anonymous team known as the 'Pancake Squad'. The total supply limit of CAKE is 750 million tokens, with deflationary mechanisms such as token burns reducing circulating supply. Users can trade or stake by connecting wallets such as MetaMask or Trust Wallet.
Why use the BSC multi-address bundled purchasing tool
The main reason and advantage of using the BSC (Binance Smart Chain) multi-address bundled purchasing tool is its ability to optimize transaction efficiency, reduce costs, and enhance operational convenience, especially in decentralized finance (DeFi) or batch trading scenarios.
Usage: Reduce transaction costs:
On BSC, each transaction requires paying Gas fees. If purchases are executed one by one for multiple addresses, the Gas fees can accumulate to a high amount. The bundled purchasing tool allows users to send tokens or execute purchases to multiple addresses in a single transaction, significantly reducing Gas fees.
Improve operational efficiency:
For scenarios that require distributing tokens to multiple addresses or making bulk purchases (such as airdrops, investment allocations, or team dividends), manual operations are time-consuming and prone to errors. The multi-address bundling tool simplifies the operation process through automated batch processing, saving time. For example, when distributing tokens, project teams can quickly send tokens to multiple wallet addresses using the tool.
Support complex trading strategies:
In DeFi projects or arbitrage trading, users may need to execute purchase operations simultaneously across multiple addresses to diversify risk or optimize returns. The bundled purchasing tool can quickly execute these operations, suitable for high-frequency traders or scenarios that require rapid response. For example, by combining automated exchange scripts on BSC platforms like PancakeSwap, bulk token exchanges can be realized.
Function overview
Multi-address bundled purchasing: Buy tokens simultaneously through multiple sub-accounts to avoid risks caused by large holdings in a single address while enhancing market activity and token price stability.
Applicable scenarios: Suitable for token projects on PancakeSwap, especially when launching the project or needing to quickly enhance market performance.
Platform support: GTokenTool supports multiple public chains such as Binance Smart Chain (BSC), providing a visual interface that allows operations without coding.
Preparation items
A computer or a mobile phone
Wallet private key for purchasing
BNB required for purchase
Some BNB for paying transaction GAS
Operation steps
The following are the steps to add liquidity and bundle purchase tokens on PancakeSwap:
Connect wallet:
Use a wallet that supports BSC (like MetaMask) to connect to the GTokenTool platform.
Switch to the BSC mainnet (or testnet, if applicable).
Enter token information:
Enter the contract address of the target token.
Select the trading pair (e.g., token paired with BNB or USDT).
Set the number of tokens to add liquidity and the purchase amount for each address.
Configure bundled address:
Supports up to 46 sub-accounts participating in purchases.
Allocate the number of tokens purchased for each address to ensure diversification.
Execute operations:
Confirm the transaction and pay Gas fees (via MetaMask).
This feature ensures rapid purchases when the project opens, preventing being outpaced by bots.
That concludes all about it.