Day 3 of BSC Deep-dive:
I’ve been actively using Binance Smart Chain (BSC) for a while now, and it has been a game-changer in terms of low transaction fees and fast confirmations compared to Ethereum. Some of the projects I’ve interacted with include:
PancakeSwap (CAKE): My go-to DEX for swapping tokens, yield farming, and staking. The fees are minimal, and the UI is beginner-friendly.
-Set Up a Wallet
-Get BNB for Gas Fees
-Buy BNB on Binance or another exchange, then withdraw it to your wallet.
-You’ll need BNB for transactions (swaps, staking, etc.).
-Avoid unknown yield farms with unrealistic APYs (many are scams).
-Look at community sentiment (Telegram, Twitter, Reddit).
-Don’t ape into new projects with large amounts.