The crypto industry innovates simple and seamless processes for handling, storing, buying and consuming digital assets. This popular theme directly enhances user experience and removes some of the complexity once attributed to the burgeoning industry. One of these innovative advances comes in token swaps, aiming to reduce management costs and the time it takes to exchange one crypto asset for another.
One of the joys of owning cryptocurrency is exchanging your coins for other people. It reminds us of collectibles or valuable cards that people traded as children. The advantage of exchanging tokens on Trust Wallet is that it is easier than selling and has a lower barrier to entry.
In this article, we will be discussing how to swap Baby Doge Coin on Trust wallet in 2022
What Are Token Swaps?
Token Swaps connotes the process of instantaneously exchanging one cryptocurrency to another without having first to undertake a crypto-to-fiat exchange.
On the other hand, it revolves around migrating projects or platforms from one blockchain to another and the coin swapping requirements that often accompany such a move. In this case, a project has, for one reason or the other, chosen to switch its operation base to another blockchain with unique token standards. As such, the development team must provide the means for investors and users to swap the project’s native token for another token compatible with the new blockchain network. The process involved in what we call token swapping or token migration.
What is Baby Doge?
Baby Doge is a cryptocurrency application protocol that rewards holders directly while ensuring liquidity continues to grow with every transaction.
The creators of Baby Doge claim that cryptocurrencies have a place in society, and the way they are used is clear, but they wanted to do something different. They will help by offering charities the opportunity to receive donations through cryptocurrency exchanges.
The CEO believes that this project will give people more motivation to use cryptocurrencies, and through this platform, they will raise cryptocurrency awareness to the highest level.
How to Buy Baby Doge on Trust wallet?
First of all, you need to download the app; you can download the application through Google Play or the App Store or even through the Trust wallet website. In your wallet, click on Token and select Smart chain. Click on Buy on the top on the right side. In the next section, select the amount you want. The minimum amount you can consider is about $50.
Once you have bought the currency in question, enter the Dapp section and select the Pancakeswap network. Then you convert the currency you bought into Baby Doge coins. You are waiting for the transaction to be confirmed. Your transaction will be done, and you will see the amount of Baby Doge coins you bought in your wallet.
How to Swap Baby Doge Coin on Trust Wallet?
Steps to Swap Baby Doge coin on Trust Wallet:
- Go to the “DEX” option appearing at the bottom when you open the application.
- Then click on the “Swap” tab to select the token of the Baby Doge coin.
- Select your desired stablecoin that you want to swap to.
- Put the amount.
- And Tap the “Swap” and then Confirm.
Updated February 5th, 2023