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. Go to the PancakeSwap dApp and connect with your Binance wallet.
3. Confirm the fee tier of the liquidity pool.
Note: The interface will automatically choose the most popular trading fee tier and configure a default price range for you.
4. Review and confirm the price range shown in the display below. You can adjust your price range by zooming, dragging the chart, or entering values 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.
5. Enter an amount on the tokens under ‘Deposit Amount’, then enable the tokens access one by one.
Note: The second token amount will be auto-filled. If your balance is insufficient for one of the tokens, you will see an error and the [Add] button will remain greyed out. In this case, please enter a lower amount to proceed.
6. After approving all tokens’ access, tap the [Add] button to proceed.
7. Review your liquidity position details appearing in a new pop-up window. To confirm the transaction, tap [Add].
Make sure you have extra BNB in your wallet to cover gas fees for the transaction.
8. Once the transaction is finalized and the receipt is received, your liquidity will be added to the token pair.
Please note that after successfully providing liquidity, it may take up to 1 day for your position to appear under ‘My Positions’. If it doesn’t show up, please try reconnecting your wallet.
1. 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.
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.
