Hello steemit

How are you all? I hope everyone is fine and doing good in their lives. It’s great to see steemit crypto academy in full swing, Today I’m going to do the homework of @yousafharoonkhan so lets start it by mentioning the homework.

Question no 1:
What is a Trust Wallet? How to find and install it from google play store to mobile phone? How to create a new wallet on trust wallet? Explain the details of each step with the help of screenshot.

Question no 2:
What is Binance Smart Chain (BSC)? How to add its extension application in google chrome? How to create a new wallet on BSC? Explain the details of each step with the help of screenshot.

Question no 3:
How to deposit any BNB (BEP20 )coin from the Binance Exchange to Trust Wallet or Binance Smart chain? How to link the Trust wallet to the binance smart chain?Explain the details of each step with the help of screenshot.( transaction should be confirmed)

Question no 4:
What is PancakeSwap Exchange ? How To Link Pancakeswap exchange with Trust Wallet or Binance Smart exchange? Explain the details of each step with the help of screenshot.

Question no 5:
How to Swap & Stake cake coin on Decentralized Pancake Swap exchange with Trust Wallet or BSC ? Explain the details of each step with the help of screenshot.( transaction should be confirmed)

What is a Trust Wallet? How to find and install it from google play store to mobile phone? How to create a new wallet on trust wallet? Explain the

details of each step with the help of screenshot.

Like all wallets trust wallet is e-wallet which is used to store cryptocurrency. Basically trust wallet is Decentralized in nature and is based on a popular cryptocurrency exchange Binance. It can be used to send, receive, swap and exchange any crypto currency which means it has feature to store multiple coins. As decentralized in nature, trust wallet is safe and secure and is diffucult to hack. It can be used to store the crypto coins like we do with physical currency and normal wallets. Easy setup is another feature of trust wallet after downloading it. So lets start with steps of setup:

How to find and install it from google play store to mobile phone?

First of all we have to search it on app or play store for downloading, we can also access the trust wallet web to download the app.

After searching we have to download it as shown in the below screeenshot of mine.

How to create a new wallet on trust wallet?

So after downloading we have to create a new wallet which is a very easy process explained below:
After opening the app for the first time we have to click the option “create a new wallet”

After clicking the option, we have to agree the terms of services of trust wallet which take only 1 sec.

After clicking the terms and policy option, we will receive the this option which will generate the 12 word password which is the backbone of this wallet and we have to store that in safe multiple place like in pan drive, on paper etc. That 12 word in same order is what will recover our wallet incase of logout or new download on other device and in case of losing it will result in loss of whole wallet. So it it important to keep it safe.

After writing and saving the 12 word password, the account will be created. Like I said it is simple process of creating a new wallet.

What is Binance Smart Chain (BSC)? How to add its extension application in google chrome? How to create a new wallet on BSC? Explain the details of each step with the help of screenshot.

Binance smart chain is a block chain which is made an alternative to eth blockchain. Basically it is used for running smart contract-based applications. It gas low cost as compared to eth blockchain. Bsc can also run apps like meta mask due to implementation of EVM. The basic aim of this platform is to develop DApps.

How to add its extension application in google chrome?

First of all, to add extension we have to visit the Binance website after which we have to click the browser option, as we have to add extension in chrome then we will add click chrome option

After clicking the chrome option, a new screen will pop up which will give us option to add extension to the chorme we have to click it in order to add extension.

After clicking it, it will be add as an extension on chrome desktop.

That is the simple process of adding extension to the chrome.

How to create a new wallet on BSC?

So after creating extension, we have to click on it and select the option “create new wallet”

After clicking it then we have to select the option of generate seed phrase then we have to add new password then we have to confirm the new password.

After confirming the password, we have to backup the seed phrase because it is unique to every account and have to backup that seed phrase and store it somewhere safe to avoid the problems like loss, hacking etx

So after continuing, our wallet will be ready to use.

How to deposit any BNB (BEP20 )coin from the Binance Exchange to Trust Wallet or Binance Smart chain? How to link the Trust wallet to the binance smart chain?Explain the details of each step with the help of screenshot.( transaction should be confirmed)

Below are the screenshot steps of how to deposit any BNB coin from binanace exchange to trust wallet.
After opening the trust wallet, we have to click smart chain which is present at the end.

So after selecting the option smart chain, we have to click receive as we are receiving the coins from binance exchange. After clicking the receive, we have to copy the address in order to transfer the coins to this address.

So After getting address in Binance, we will go to Binance then wallet and search bnb to transfer

After searching we will select the option withdraw then copy paste the address and choose the amount to be transferred after which it will be confirmed and then will be transferred to your trust wallet.

The successful transaction will be done within 30 minutes.

What is PancakeSwap Exchange ? How To Link Pancakeswap exchange with Trust Wallet or Binance Smart exchange? Explain the details of each step with the help of screenshot.

Basically PancakeSwap exchange is Decentralized in nature which works on Binance Smart chain BEP20 tokens. It has low transaction fee and can easily buy the the coin in it which is not even on Coinmarketcap.

How To Link Pancakeswap exchange with Trust Wallet or Binance Smart exchange?

Trust wallet has new update for the ios devices and that is removal of dApps from the app. Now to connect the pancakeswap we have to visit their website

After visiting, we have to click the connect option then choose the wallet connect then have to choose trust wallet in order to connect it with trust wallet.

So that is how we can connect the pancakeswap with trust wallet. As we can clearly see below that it is connected to the trust wallet.

How to Swap & Stake cake coin on Decentralized Pancake Swap exchange with Trust Wallet or BSC ? Explain the details of each step with the help of screenshot.( transaction should be confirmed)

Swap

Below are the screenshots to show swap Cake from BNB.
We have to go to pancakeSwap website and connect the trust wallet with it then select the menu to open exchange from trade then we have select coin to be exchanged and the coin in which to be exchanged then we have to confirm through wallet which is trust wallet.

Stake

For stake, open the pancakeSwap website and then file, for stake this time click pool

I went for mannual stake, then click enable.

It cost some fee. Click on Approve button

Then click and confirm stake which will also cost some money.

As you can see my cake is at stake so this is how we do stake.

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That’s all from my homework. This post is plagiarism free and the pics used in this article are my own screenshots. I hope I have explained properly. Thank-you

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SPECIAL MENTION

@yohan2on
@yousafharoonkhan
@steemcurator01
@steemcurator02