How to buy

Venus DOT

vDOT

on

PancakeSwap
Venus DOT

The Venus vTokens, which are self-contained borrowing and lending contracts. VToken contains the core logic and VBep20, VBUSD, VSXP, VUSDC, VUSDT, VXVS and VBNB add public interfaces for Bep20 tokens and bnb, respectively.

1

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.

2

Buy some BNB

  1. BNB is a cryptocurrency that can be swapped to others tokens like vDOT. 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.

    How to buy Venus DOT, screen 2.1
    Venus DOT

    Venus DOT

    vDOT

  2. 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.

    How to buy Venus DOT, screen 2.2
    Venus DOT

    Venus DOT

    vDOT

3

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.

  1. Open pancakeswap.finance/swap in your mobile browser.

    How to buy Venus DOT, screen 3.1
    Venus DOT

    Venus DOT

    vDOT

  2. Tap the Connect Wallet button.

    How to buy Venus DOT, screen 3.2
    Venus DOT

    Venus DOT

    vDOT

  3. Tap Wallet Connect and choose Trust.

    How to buy Venus DOT, screen 3.3
    Venus DOT

    Venus DOT

    vDOT

  4. This should bring the Trust Wallet app with a confirmation screen. Tap Connect.

    How to buy Venus DOT, screen 3.4
    Venus DOT

    Venus DOT

    vDOT

  5. Go back to the browser. Your wallet should be now connected to PancakeSwap.

    How to buy Venus DOT, screen 3.5
    Venus DOT

    Venus DOT

    vDOT

4

Swap BNB to vDOT

  1. Tap Select a currency on the PancakeSwap trading view.

    How to buy Venus DOT, screen 4.1
    Venus DOT

    Venus DOT

    vDOT

  2. Copy the Venus DOT contract address: 0x1610bc33319e9398de5f57B33a5b184c806aD217, 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.

    How to buy Venus DOT, screen 4.2
    Venus DOT

    Venus DOT

    vDOT

  3. Tap the Import button once the token is loaded.

    How to buy Venus DOT, screen 4.3
    Venus DOT

    Venus DOT

    vDOT

  4. Approve the import in the next step.

    How to buy Venus DOT, screen 4.4
    Venus DOT

    Venus DOT

    vDOT

  5. Enter the amount of BNB you want to trade for vDOT. Don’t swap all of your BNB – keep a few dollars worth of BNB to cover future transaction fees!

    How to buy Venus DOT, screen 4.5
    Venus DOT

    Venus DOT

    vDOT

  6. 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.

    How to buy Venus DOT, screen 4.6
    Venus DOT

    Venus DOT

    vDOT

  7. Tap Swap.

    How to buy Venus DOT, screen 4.7
    Venus DOT

    Venus DOT

    vDOT

  8. Confirm the transaction in Trust Wallet.
    That’s it! You’re now the proud owner of Venus DOT. If you wish to sell your vDOT in the future, just swap it back to BNB.

    How to buy Venus DOT, screen 4.8
    Venus DOT

    Venus DOT

    vDOT

  9. If you don’t see Venus DOT 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 Venus DOT contract address. The token will be added to the wallet.

    How to buy Venus DOT, screen 4.9
    Venus DOT

    Venus DOT

    vDOT