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How To Buy SFT on Binance Wallet

How To Buy SFT on Binance Wallet

Mike Emeruwa by Mike Emeruwa
June 23, 2022
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Step 1. Download a Binance Wallet Wallet

Download Google Chrome and the wallet Chrome extension using a desktop computer, you can. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the Binance Wallet’s website.

Step 2. Set up your Binance Wallet

Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6.

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Step 3. Buy BNB Chain as Your Base Currency

Once your wallet is set up, you can log in to your Binance account and proceed to the Buy & Sell crypto webpage to buy the BNB Chain. If you are not an existing user, you can refer to Binance’s  How to Buy BNB Chain guide on registering and buying your first cryptocurrency on Binance.

Step 4. Send BNB Chain From Binance to Your Crypto Wallet

Once you buy your BNB Chain, go to your Binance wallet section and look for the BNB Chain you purchased. Click on withdraw and fill in the required information. Set the network to BNB Chain, and provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your BNB Chain to appear in your Binance Wallet.

Step 5. Choose a Decentralized Exchange (DEX)

There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use the Binance Wallet wallet, you can go to Pancake Swap to make the transaction.

Connect your Binance Wallet wallet to the DEX you want to use by using your wallet address from Step 2.

Select your BNB Chain as the payment and select the $SFT as the coin you want to acquire.

Step 8. If Scorefam Doesn’t Appear, Find its Smart Contract

If the coin you want does not appear on the DEX, you can refer to https://bscscan.com/ and find the smart contract address. You can then copy and paste it into Pancake Swap. Beware of scams and make sure you got the official contract address.

Step 9. Apply the Swap

Once you are done with the previous steps, you can click on the Swap button, and you’re set!

Mike Emeruwa

Mike Emeruwa

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