STEP-BY-STEP GUIDE TO BUY $COVAC
Watch our video here to help you get started on PancakeSwap, or read our guide below.
Alternatively, you can get it on Hotbit here.
Step 1: Connecting MetaMask to Binance Smart Chain
MetaMask can be downloaded on Chrome and Firefox, or on iOS and Android if you’re a mobile user. For the purposes of this tutorial, we’ll use the Chrome version, but the instructions will be more or less the same for every platform.
Firstly, you’ll want to head over to the MetaMask Download page. From there, select whichever platform you’re using, and follow the steps to install it on your device. Easy!
Next, follow along with the setup specified by the app. Go ahead and Import Wallet if you already have one or click Create a Wallet.
Write down the backup seed phrase somewhere secret (preferably not on an Internet-connected device). Without this phrase, your funds can’t be recovered if your device is damaged or lost. Confirm that you’ve written them down on the next page.
And that’s it! You should now see your wallet, ready to send and receive funds.
Step 2: Configuring the wallet
You might notice straight away that we’re still dealing with an Ethereum wallet. At best, this won’t work with Binance Smart Chain DApps. At worst, you could lose funds by sending them to addresses you can’t actually use.
Let’s change that.
We want to access the Settings to point the wallet towards Binance Smart Chain nodes.
On the Settings page, we want to locate the Networks menu.
We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one – it doesn’t come packaged with MetaMask. You will need to add the Mainnet. Below are the parameters to fill in.
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
Block Explorer URL: https://bscscan.com
Once you Save the Network and return to the main view, you’ll notice two things: the network has automatically been set to the one you just entered, and the units are no longer denominated in ETH, but in BNB.
Step 3: Getting BNB to Pay for Transactions on the Mainnet
Next, let’s get some funds to play with. Since we are on the BSC Mainnet, you will need BNB in order to pay for gas and any other transactions.
Make sure it says "Binance Smart Chain" as the network. Hover over your account and click to copy your address to the clipboard.
Purchase some BNB from an exchange, like Binance, and use the "Withdraw" function to send it over to this address.
Remember to select Binance Smart Chain (BSC) network when transferring.
You’ll get a notification informing you when your transaction settles, and that's it! Now you will be able to purchase $COVAC with BNB.
Step 4: Purchasing $COVAC
Open PancakeSwap from Browser here
Connect Wallet (top right) and select MetaMask
Go to Swap > Exchange
Select BNB and the amount you want to swap.
Type $COVAC Contract Address 0x2adfe76173f7e7daef1463a83ba4d06171fac454 in the bottom box
In the Settings, set slippage to 12%
Hit Swap and approve the gas fees!
Remember that we have a max 209 mil $COVAC limit per transaction (anti-whale protocol), so as long as each transaction is within the limit, it should be successful.