SOUL Token is a charitable token created with the primary aim to help the most in need through verified & transparent charitable donations all around the world. SOUL rewards investors for buying and holding tokens.
SOUL Token is created on the Binance Smart Chain, which means it’s the easiest to buy the SOUL token using the Binance Coin.
Binance Coin or BNB is a popular cryptocurrency that was created as the native currency of the Binance exchange. If you already own BNB, you can now use your Binance coin to purchase the SOUL token. Here, we explain the process for the same.
Note: SOUL Token White paper has been released and is available on the website. Please read the white paper to know more about the project, roadmap and goals.
How to convert BNB to SOUL token
If you are looking to buy SOUL tokens using BNB, you can do this through the PancakeSwap exchange, where the SOUL token is already trading. Users must have a Trust Wallet account in order to convert BNB to SOUL token. Follow these steps:
Step 1: Create a Wallet by downloading the Trust Wallet app
Note: Trust Wallet is a popular, trusted and highly secure crypto wallet that can be used to buy, store & exchange a number of top cryptocurrencies.
Visit trustwallet.com and download the Trust Wallet app on your Android/iOS mobile phone. Now, create a new Wallet account. If you already have a Trust Wallet, sign in to your account.
Step 2: Add SOUL Token to Trust Wallet
In the wallet app, click the icon at the top-right. On the next screen, click the “Add Custom Token” button to add the SOUL token.
Change the Network type to Smart Chain. In the next field, paste the following Contract Address:
Name: Soul Token
Click the “Save” button at the top to successfully add the SOUL Token to your Trust Wallet.
Now, you are ready to buy SOUL Token using BNB.
Step 3: Deposit BNB
In order to buy the SOUL token, you must have BNB in your wallet account. To buy BNB, click on Smart Chain in your Trust Wallet. Now, add Binance Coin. Alternatively, you can send BNB from the Binance smart chain (BSC Network) to your Trust wallet.
Step 4: Convert BNB to SOUL Token
Now that you have BNB in your wallet, you are ready to buy the SOUL token on the PancakeSwap exchange.
In your Trust Wallet app, click on DApps (Android) or Browser (iPhones) option. In the browser, open the PancakeSwap exchange URL https://pancakeswap.finance
Now, click on the “Connect” button in the top-right to connect your Trust Wallet with the PancakeSwap exchange.
Go to the “Exchange” section and click on the Exchange option to start trading.
In the first field, select BNB and enter the amount of BNB you wish to spend. In the next field, paste the contract address (mentioned above) to add the SOUL Token.
Make sure to set the slippage to 12% or more for the transaction to clear instantly.
Click on the “Swap” button to execute the trade.
You have successfully converted BNB to SOUL token through PancakeSwap exchange using the Trust wallet.
Now, you can keep holding your SOUL tokens to earn rewards and contribute to help those in need. Transaction fees raised from the trading of SOUL tokens are used by the team to reward the holders, create a liquidity pool and make donations to official charities around the globe.
Find out more about the SOUL Token initiative at http://soultoken.fund/