It can be challenging to navigate decentralized exchanges, especially for those unfamiliar with cryptocurrencies or used to centralized exchanges. Decentralized exchanges require us to choose the correct crypto network, input the cryptocurrency address for new tokens, select the cryptocurrency for the swap, set the slippage ratio, and leave a certain number of coins for network fees without knowing the exact amount.
To simplify this process, we have developed the AMAL SWAP.
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What is the AMAL SWAP?
The AMAL SWAP DApp is a smart, decentralized API that interacts directly with the PancakeSwap platform, making all procedures faster and simpler. To use the DApp, all you need to do is connect your wallet, specify the amount of BNB coins you want to swap or specify the AMAL tokens you want to swap for BNB.
AMAL and BNB can also be exchanged for USDC and vice versa.
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Why did we create AMAL SWAP?
We have received numerous comments regarding the difficulty of using the PancakeSwap exchange. We want to ensure that everyone can buy and sell in the easiest and fastest way possible. Initially, we attempted to address this issue by utilizing decentralized exchange platforms such as Flooz and Change Now. However, we encountered several errors and difficulties with them. As a result, we have decided to collaborate with one of the most renowned companies in the Web3 field to develop our application instead of relying on the applications of other platforms.
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How can I use the AMAL SWAP to buy AMAL?
To make a purchase using AMAL SWAP, first choose the appropriate crypto wallet (we recommend the Zerion wallet). Then, specify the amount of BNB or USDC you want to buy and connect your wallet to AMAL SWAP to complete the transaction directly.
If you choose to buy using USDC, please ensure you have a small amount of BNB to cover the fees for using the Binance Smart Chain network (BSC).
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How does AMAL SWAP perform buying and selling tasks?
AMAL SWAP will initially connect your wallet to the BSC Network. After entering the amount of currencies you want to exchange, AMAL SWAP will display their exact value in USD. It will also automatically determine the appropriate slippage. Additionally, AMAL SWAP will leave a small amount of BNB in your wallet to cover future fees without requiring a separate BNB purchase.
The AMAL liquidity pool is fully deposited and locked indefinitely in the PancakeSwap exchange. This exchange exclusively interacts with the AMAL smart contract for buying and selling operations. AMAL SWAP will intelligently interact with the PancakeSwap platform to streamline the process.