Our PEAKDEFI PEAK token staking will be available very soon on the Binance Smart Chain in addition to the Ethereum blockchain. To prepare this process in advance, we have now made 1,000,000 PEAK tokens (Circa 300,000 USD) available as a Liquidity pool with a BUSD/PEAK pair on Pancakeswap.
Since we just put the liquidity for the PEAK token on the Binance Smart Chain, you will most likely need to enter the token contract address.
To do this, simply enter in the search box:
Then click on “Add Token” and you can now exchange your respective assets in PEAK. If you want to exchange something other than BUSD to PEAK, Pancakeswap will suggest you a route to perform the decentralized exchange.
How do I set up a Binance Smart Chain wallet?
The easiest and also fastest way to set up a wallet for the Binance Smart Chain is if you use your existing MetaMask wallet. You can simply add a new network (The BSC) to MetaMask and switch between the Ethereum network and the Binance Smart Chain with just 2 clicks.
How do I get assets onto the Binance Smart Chain?
To switch cryptocurrencies from another blockchain (For example Ethereum) to Binance Smart Chain, there are basically two ways. Firstly, you can easily withdraw assets from Binance as BEP20 (Binance Smart Chain) format or you can use the so-called Binance Bridge.
As you can see from the picture, Binance lets you choose between different transfer networks to cash out. Here you can easily withdraw your assets in BEP20 (Binance Smart Chain) format and transfer them to your BSC wallet.
The second way to switch assets from a previous blockchain to the Binance Smart Chain would be to use the Binance Bridge. Binance has created a super simple tool that is very easy to understand and use.
If you have further questions to our liquidity providing on Pancakeswap, or how to buy PEAK token on Binance Smart Chain, feel free to contact us!
Your PEAKDEFI Team