How to Create a BNB Token Liquidity Pool on PancakeSwap and Uniswap
If you want to launch your Liquidity Pool on BNB, this post walks you through the two best ways to do it in 1 minute, without the usual headaches.
PancakeSwap is the leading decentralized exchange (DEX) on Binance Smart Chain (BSC). Thanks to its integration with the BEP-20 standard, you can create a liquidity pool for any BEP-20 token on BSC, so anyone can buy and sell your token.
On the other hand, Uniswap is one of the largest and most widely used DEXs in the ecosystem, and it also supports BNB.
Below, I’ll walk you through the simple steps to launch on either platform.
Options for Creating a BEP-20 Token Liquidity Pool on PancakeSwap
You have 2 options: use the dApp Create BEP20 Liquidity Pool from Smithii, where you can launch your token on Uniswap, or go straight to PancakeSwap. Our interface is simpler and audited, so we recommend using it. Still, we’ll cover both options.
1. Create a Liquidity Pool BEP20 on Uniswap with Smithii
Go to the online Create Liquidity Pool on Binance Smart Chain (BSC) tool (https://tools.smithii.io/liquidity-pool/binance), select the Binance Smart Chain network, and connect your preferred wallet.
- Connect your wallet in the dApp Create Liquidity Pool on Binance
- Choose the “Base Token” (for example, $BNB, $USDT, $BUSD, etc.)
- Choose the “Quote Token”. This is the BEP-20 token you want to list on the market.
- Add Liquidity: choose the amounts of Base Token and Quote Token to pair. This sets the initial price of your token.
- Click “Create Liquidity Pool” and confirm the transactions in your wallet.
In a few seconds, your Liquidity Pool will be created on Uniswap through Smithii. The cost to create a liquidity pool of Binance on Smithii is 0.01 BNB + Gas.
If you still do not have your token, here is how to create your own BEP-20 token on Binance Smart Chain without coding.
2. Create a Token BEP20 Liquidity Pool on PancakeSwap
To start creating our Liquidity Pool, we go straight to the Pancakeswap app and connect our wallet. From the main menu, select “Liquidity”.
2.1 Go to the Liquidity Section
To create your liquidity pool, start by opening the Pancakeswap Liquidity page. First, choose the token, which can be a stable coin like USDT or BUSD.
Click the “Add Liquidity” button.
2.3. Set Up Liquidity
PancakeSwap uses V3 by default. Choose the pool fee based on your strategy: 0.01% for stablecoins, 0.05% for liquid pairs, 0.25% for most tokens, and 1% for volatile tokens.
2.4. Set the Starting Price and Price Range
Set the range where your liquidity will stay active. If the price moves outside that range, you will stop earning fees. Use the chart to fine-tune the values manually, or select “Full Range” if you prefer to cover the entire market (although it is not the best setup for maximizing rewards).
2.5. Deposit liquidity
After setting the price range, deposit liquidity for the token pair in the amount you think is right for smooth trading.
Once you’re done, you’ll see your liquidity pool under “My liquidity”.
Conclusion
In this post, I walked you through how to launch your liquidity pool on BNB with Uniswap, one of the most widely used and trusted platforms for this blockchain. You can also push your BEP-20 token into trending or onto the first pages with the volume tool.
