Introduction to Swapping TELECOM Tokens
How to Swap TELECOM Tokens for BNB, USDC, USDT, or Others
1. Set Up MetaMask:
- Ensure MetaMask is installed. Keep your seed phrase in a safe place.
2. Connect to PancakeSwap or swap directly from Metamask:
- Visit [PancakeSwap] https://pancakeswap.finance and connect your MetaMask wallet. You can swap directly from Metamask, however the fees are more expensive.
3. Swap TELECOM Tokens:
- First purchase some BNB to pay for gas fees and purchase tokens (i.e., transaction fees, swapping fees)
- Swap BNB tokens for TELECOM tokens. If using Pancakeswap, click the Cake token drop box below the BNB token drop box and input TELECOM token address into the Paste Address cell. If using Metamask input the TELECOM token address into the Select a token cell 0x61373bF96f8dA6954158647F8c1338425dDEf471
- Confirm the swap and complete the transaction.
4. Liquidating and Getting Your Money Out
- When you are ready to cash out and liquidate you must convert your tokens into BNB.
- Hence, use Pancakeswap or Metamask and swap your TELECOM tokens for BNB. Input TELECOM token address if necessary. A copy of the address is above in section 3.
5. Send BNB to Crypto.com:
- Open the Crypto.com app and deposit your BNB by copying your Crypto.com BNB wallet address. Click on Accounts. Click your Crypto Wallet Button. Click on your BNB tokens. Click on Transfer. Select Deposit.
- Transfer BNB from MetaMask to this address. Go to your Metamask wallet. Select your BNB tokens. Click send. Input the address you received from crypto.com into the public address cell.
- Complete transaction. Wait up to 5 minutes and tokens will appear in your crypto.com wallet.
6. Sell BNB on Crypto.com:
- Upon receiving your crypto deposit of BNB from Metamask, sell your BNB for fiat currency within the Crypto.com app. Select your BNB tokens in the account section and click crypto wallet. Select BNB. Select sell. Click the Cash tab. Select USD Wallet. Follow prompts.
7. Liquidate Funds:
- Download Google Authenticator
- Withdraw your fiat currency to your debit card or bank account. Select Account. Select Fiat Wallet. Select USD. Select Transfer. Follow prompts. Use your text message function and Google Authenticator to complete process. You must liquidate a minimum of $100.
This process ensures you can efficiently swap TELECOM tokens for other cryptocurrencies and liquidate your assets to fiat currency.
