Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
Before joining your target liquidity pool, ensure you have a sufficient amount of both tokens in the pair to complete the transaction.
1. Log into your Binance app and go to [Wallet], choose the desired token you want to buy directly from the home page or tap [Market] and search the token symbol or contract address for the transaction.
2. After selecting the token and confirming details, tap [Swap].
3. Enter the amount you want to swap with and tap [Swap] to confirm.
Please note that you must have some extra BNB to cover the gas fees for the swap.
4. Once the process is finalized, you will receive your Alpha tokens in your wallet.
1. Log into your Binance Wallet and go to [Earn]. Tap the ‘Binance Alpha Earn Hub’ banner at the top. Select the pools where you’d like to provide liquidity.
2. Tap [Add Liquidity] to provide liquidity on the specific pool page.
3. Review and confirm the price range shown in the display below. You can adjust your price range by choosing one of the preset strategies (Wide, Medium and Narrow) or enter the min. price and max. price manually.
Note: While narrower ranges may generate higher fees, they carry the risk of earning nothing during large price fluctuations. Providing liquidity to the full price range is also possible; however, this approach typically results in lower fee income, reduced capital efficiency, and increased exposure to impermanent loss. Please conduct your own research to see what works best for you.
4. Enter the token amount under ‘Deposit Amount’, then tap [Confirm] to approve access.
5. After approving all tokens’ access, tap the [Add Liquidity] button to proceed.
Make sure you have extra BNB in your wallet to cover gas fees for the transaction.
6. Once the transaction is finalized, your liquidity will be added to the token pair.
You can visit specific pool pages to view your asset positions and check your claim status.
Please note that after successfully providing liquidity, it may take several minutes for your position to appear under ‘My Positions’. If it doesn’t show up, please try to visit this page again.
1. Tap the [Redeem] button on the pool page, then go to the PancakeSwap Dapp and tap [Earn] - [Farm/Liquidity] - [Position] to view your LP positions. Tap your selected pools to view details.
2. View your rewards under ‘Unclaimed Fees’. Tap [Collect] and [Confirm] transactions to claim your rewards. Once complete, you will receive both tokens in the wallet.
Important Reminder: Upon providing liquidity, you will receive Liquidity Provider Assets in your wallet. Please avoid transferring or sending them; otherwise, you won't be able to remove your liquidity or redeem your tokens from the liquidity pools.
1. Go to the PancakeSwap Dapp and tap [Earn] - [Farm/Liquidity] - [Position] to view your LP positions. Select the pools from which you want to remove liquidity.
2. Tap [Remove], select the amount of liquidity to withdraw, and confirm the LP amounts to remove and the amount of rewards to claim. Tap [Remove] to confirm the transactions.
Please note: Upon removing the liquidity, you will automatically claim any previously accumulated rewards from that position.
Disclaimer:
Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.
This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
