How to buy
Chess
CHESS
on
Tranchess Protocol is a tokenized asset management and derivatives trading protocol. Inspired by tranches fund that caters investors with different risk appetite, Tranchess aims to provide different risk/return matrix out of a single main fund that tracks a specific underlying asset.
Create a wallet
This guide shows how to create a wallet in the Trust Wallet app but you can use any other Smart Chain wallet like Metamask.
Download Trust Wallet and set up your account.
Keep your seed phrase a secret, never share it with anyone.
Buy some BNB
BNB is a cryptocurrency that can be swapped to others tokens like CHESS. You can either buy BNB directly in Trust Wallet or get it on an external exchange like Binance or Crypto.com and then send it to your wallet.
Chess
CHESS
Once some BNB is in your wallet, make sure it’s Smart Chain (black icon) and not regular BNB (yellow icon). You can swap regular BNB to Smart Chain in the app.
Chess
CHESS
Go to PancakeSwap
PancakeSwap is an exchange where you can swap one Smart Chain token to another. To do it, you need to connect it to your wallet.
Open pancakeswap.finance/swap in your mobile browser.
Chess
CHESS
Tap the Connect Wallet button.
Chess
CHESS
Tap Wallet Connect and choose Trust.
Chess
CHESS
This should bring the Trust Wallet app with a confirmation screen. Tap Connect.
Chess
CHESS
Go back to the browser. Your wallet should be now connected to PancakeSwap.
Chess
CHESS
Swap BNB to CHESS
Tap Select a currency on the PancakeSwap trading view.
Chess
CHESS
Copy the Chess contract address:
0x20de22029ab63cf9A7Cf5fEB2b737Ca1eE4c82A6, make sure it’s correct (check the official website), and paste it to the token field. You may need to wait a moment before PancakeSwap displays the token. If it doesn’t help, refresh the page and try again.
Chess
CHESS
Tap the Import button once the token is loaded.
Chess
CHESS
Approve the import in the next step.
Chess
CHESS
Enter the amount of BNB you want to trade for CHESS. Don’t swap all of your BNB – keep a few dollars worth of BNB to cover future transaction fees!
Chess
CHESS
Almost there! Tap the gear icon and set the Slippage tolerance to 11-15%. Slippage corresponds to the transaction tax and token price volatility. The bigger the percentage, the higher the change of a successful transaction, but you may get respectively fewer tokens.
Chess
CHESS
Tap Swap.
Chess
CHESS
Confirm the transaction in Trust Wallet.
That’s it! You’re now the proud owner of Chess. If you wish to sell your CHESS in the future, just swap it back to BNB.
Chess
CHESS
If you don’t see Chess in Trust Wallet, you may need to add it manually. Tap the toggle icon in the upper right corner, then find the Add Custom Token button. Tap it and you should see the Add Custom Token screen. Select Smart Chain in the Network field and paste the Chess contract address. The token will be added to the wallet.
Chess
CHESS