How to Create Pool on PancakeSwap: BEP20 Pair Creation (2024)

Learn how to create a pair (pool) with your token and TKP on the PancakeSwap DEX.

If you’re a crypto startup’sowner who wants to increase the demand for your BEP20 cryptocurrency, then this article is for you. With the help of Popular Altcoins DApp (for projects already listed on Tokpie), and Self-Listing DApp, your token attracts new buyers, grow in liquidity and community. However, to get listed on the DApp, you need to create a pool by providing your project’s tokens and TOKPIE (TKP) altcoins. So, from the following paragraphs, you’ll learn how to make your token/TKP pair on the PancakeSwap decentralized exchange.

Contents hide

1 How to create a pool on PancakeSwap?

2 How can I get the pool address?

3 How can I see the created pair?

4 Profit from the Pool

5 Other free options to boost your currency

How to create a pool on PancakeSwap?

The pool creation process on PancakeSwap DEX requires having two currencies in your wallet and approximately 0.036 BNB to cover the gas cost. For example, we have used the HOTCROSS project’s tokens to show you how to create a pair with TKP coins.

1. Top up your wallet

Top up your wallet (TrustWallet or Metamask) with TKP and your tokens (for example, HOTCROSS coins). Note that you can obtain TOKPIE (TKP) BEP20 cryptocurrency onPancakeSwap. Also, don’t forget that you must have around 0.036 BNB for paying gas fees (in fact, you will spend around 0.0173 BNB).

How to Create Pool on PancakeSwap: BEP20 Pair Creation (1)

2. Open the PancakeSwap: Liquidity section

Open thePancakeSwap’s liquidity taband connect it with your TrustWallet or Metamask wallet.

3. Create a pool (pair)

On theliquidity page, click on theAdd Liquiditybutton.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (2)

On the next pop-up window (image below), enter the number of your tokens (for example, HOTCROSS) and TKP. Note that you can set any ratio of coins you add. So, in this way, you set the price of your currency in this pool.
After that, click on theEnablebuttons for your coin and confirm through the wallet. Also, click on theEnablebutton for TKP and confirm again.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (3)

Once done, press theSupplybutton.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (4)

In addition, the PancakeSwap shows you the resulting rates and requires final confirmation (screenshot below). So, click on theCreate Pool & Supplybutton to finalize the pair creation.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (5)

Confirm pool’s creating transaction through your wallet (image below).

How to Create Pool on PancakeSwap: BEP20 Pair Creation (6)

Congratulations! Now, you have completed the pool creation and new pair is available for trading.

How can I get the pool address?

After pool creation, open your wallet on BSCscan and click on the just-generatedLP tokens.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (7)

As a result, you will see the just-created pool address. Copy that address and send it to[email protected]to get listed on the Popular Altcoins DApp.

How to Create Pool on PancakeSwap: BEP20 Pair Creation (8)

How can I see the created pair?

Moreover, you can now find the new pair page on PancakeSwap Finance by inserting the pool address into that link:

https://pancakeswap.finance/info/pool/PoolAddress 

Example: https://pancakeswap.finance/info/pool/0x242490c89c86945e4ecb66ccd09b4858dc3c11d6

How to Create Pool on PancakeSwap: BEP20 Pair Creation (9)

Profit from the Pool

By adding liquidity you’ll earn 0.17% of all trades on this pair proportional to your share of the pool. Also, note that the fees accrue in real-time by adding to the pool. Moreover, you can claim the funds by withdrawing your liquidity at any time.

Other free options to boost your currency

  • Add token to the Coindataflow portal;
  • Make your coin visible on the CoinCheckup tracker;
  • Add a coin to theLive Coin Watch tracker.
  • Listaltcoin on the CoinCodex tracker.
  • Make your token visible on the TopCoin Voting platforms.
  • Add Token’s logo on the MyEtherWallet (MEW).
  • Make your Coin listed on the Trezor.
  • Increase Token Circulation Supply on Coingeckoto grow Market Cap and currency’s Rank.
  • Enable Bank Cards and Apple Pay to sell more coins.
How to Create Pool on PancakeSwap: BEP20 Pair Creation (2024)

FAQs

How do I add a pool in PancakeSwap? ›

How to create a pool on PancakeSwap?
  1. Prepare two coins in your wallet and Binance (BNB). ...
  2. Connect with your wallet and press on “Add Liquidity”. ...
  3. Entering the number of coins and enabling them. ...
  4. Click on the Supply button. ...
  5. Press the “Create Pool & Supply” button to proceed. ...
  6. Confirm pool creating in your wallet.
Dec 10, 2021

How do I add a token to my liquidity pool? ›

Navigate to the "Add Liquidity" section: On the DEX platform, find the "Add Liquidity" or "Pool" section, which allows you to deposit your tokens into the liquidity pool. 4. Select the token pair: Choose the token pair you want to provide liquidity for, and ensure the tokens are in your connected wallet.

How to fix insufficient liquidity for this trade on PancakeSwap? ›

Solving Insufficient Liquidity Errors
  1. Adjust Trade Size. The simplest solution to fix the issues of insufficient liquidity and inadequate liquidity pools is to adjust your trade size. ...
  2. Check Other Pools. ...
  3. Adjust Slippage Tolerance. ...
  4. Wait for More Liquidity. ...
  5. Become a Liquidity Provider.
Feb 21, 2024

How do PancakeSwap pools work? ›

PancakeSwap consists of user-fueled liquidity pools because it's built on an Automated Market Maker (AMM) system. Thus, users can instantly swap their crypto tokens with the locked tokens without having to wait for a seller.

How much does PancakeSwap charge for liquidity pool fees? ›

Whenever someone trades on PancakeSwap, for each hop (swap) in each Exchange V2 liquidity pool, the trader pays a fixed 0.25% fee, of which 0.17% is added back to the Liquidity Pool in a form of trading fees.

How to add liquidity to PancakeSwap? ›

How to Add Liquidity to the $SQR Token on PancakeSwap in 7 Steps
  1. Step 1: Connect Your Wallet. ...
  2. Step 2: Navigate to the Liquidity Section. ...
  3. Step 3: Select Your Desired Pool. ...
  4. Step 4: Enter the Amount. ...
  5. Step 5: Approve and Supply. ...
  6. Step 6: Confirm the Transaction. ...
  7. Step 7: Check Your Liquidity Position.
Mar 8, 2024

Why is PancakeSwap saying insufficient funds? ›

Why I am getting an "insufficient funds" error? ​ This means you do not have enough of the network's native token to cover gas fees. Generally, across EVM-compatible networks, each transaction (including token and contract transactions) requires gas, the price of which is changeable.

What is the minimum trade amount in PancakeSwap? ›

PancakeSwap vs. Uniswap
PancakeSwapUniswap
Minimum Trade$1No minimum
Spot Trading Fee0.25%0.30%
Mobile AppNoNo
Fiat Currencies?NoNo
2 more rows
Jun 7, 2023

Who creates liquidity pools? ›

AMMs fix this problem of limited liquidity by creating liquidity pools and offering liquidity providers the incentive to supply these pools with assets, all without the need for third-party middlemen. The more assets in a pool and the more liquidity the pool has, the easier trading becomes on decentralized exchanges.

What is a liquidity pool for dummies? ›

A liquidity pool is a collection of crypto held in a smart contract. The purpose of the pool is to facilitate transactions. Decentralized exchanges (DEXs) use liquidity pools so that traders can swap between different assets within the pool.

Is liquidity pool worth it? ›

Are liquidity pools profitable? Yes, liquidity pools can be profitable but are subject to various risk factors, including impermanent loss. The most reliable source of potential profit for liquidity providers comes from the transaction fees that are generated by trades within the pool.

How to add LP in PancakeSwap? ›

Start LP with us now!
  1. Choose the two tokens that will make up the trading pair for which you intend to add liquidity. ...
  2. The system will automatically select the most widely-used trading fee tier and set your price range.
  3. Ensure that you are adding v3 liquidity by checking for the "v3 LP" label.

How do I add a token to PancakeSwap? ›

Click on "Trade" in the top menu, then "Swap". In the exchange interface, select your token from the dropdown menu. Now, your token is listed on PancakeSwap, and users can trade it against the paired token (usually BNB).

What do you get from adding to a liquidity pool? ›

Investors who add their tokens to the pool receive a share of the exchange's trading fees or some other investment incentive. The value of the incentive earned is proportional to the amount of liquidity the investor provided.

How do I create a new token and Uniswap liquidity pool? ›

How to add liquidity to Uniswap v3
  1. Open the Uniswap web app. ...
  2. Select “New position”.
  3. Select the token drop-down.
  4. Select the token you want to add liquidity for. ...
  5. After selecting the first token, now select the second token. ...
  6. Select the second token you want to add liquidity for.
  7. Select the fee tier for your pool.
Feb 27, 2024

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