How to buy
Rai Finance
Rai
on
RAI Finance is a protocol designed to provide DeFi with a wider range of assets, a higher amount of liquidity, and a diverse set of financial use cases. When this feature set is combined with the cross-chain compatibility of the Polkadot ecosystem, it eliminates fragmentation across the existing DeFi ecosystem by bringing a complement of new assets and a higher amount of liquidity to decentralized finance.
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 Rai. 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.
Rai Finance
Rai
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.
Rai Finance
Rai
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.
Rai Finance
Rai
Tap the Connect Wallet button.
Rai Finance
Rai
Tap Wallet Connect and choose Trust.
Rai Finance
Rai
This should bring the Trust Wallet app with a confirmation screen. Tap Connect.
Rai Finance
Rai
Go back to the browser. Your wallet should be now connected to PancakeSwap.
Rai Finance
Rai
Swap BNB to Rai
Tap Select a currency on the PancakeSwap trading view.
Rai Finance
Rai
Copy the Rai Finance contract address:
0x0e128Fb9f266F0CFedEb3B789f6fd4AF50d51b84, 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.
Rai Finance
Rai
Tap the Import button once the token is loaded.
Rai Finance
Rai
Approve the import in the next step.
Rai Finance
Rai
Enter the amount of BNB you want to trade for Rai. Don’t swap all of your BNB – keep a few dollars worth of BNB to cover future transaction fees!
Rai Finance
Rai
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.
Rai Finance
Rai
Tap Swap.
Rai Finance
Rai
Confirm the transaction in Trust Wallet.
That’s it! You’re now the proud owner of Rai Finance. If you wish to sell your Rai in the future, just swap it back to BNB.
Rai Finance
Rai
If you don’t see Rai Finance 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 Rai Finance contract address. The token will be added to the wallet.
Rai Finance
Rai