How to Sell Baby Doge Coin on Trust Wallet & Pancake Swap

how to sell baby doge coin
Baby DogeCoin

As a proof-of-work (PoW) cryptocurrency, Dogecoin depends on miners to verify transactions. So, as a miner, you might be wondering how to sell your Baby Doge on Metamask, Pancake Swap, Trust wallet, or for real cash.

Miners are also referred to as “diggers” in the Dogecoin network to make fun of the idea of mining cryptocurrencies.

These words are very confusing, right don’t worry, sit down and relax because we’re here to guide you through everything.

Baby DogeCoin, despite its name, is a fun collectible token built on the Binance smart chain. Originally intended to be a meme joke but turning gradually into a reputable token.

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What is Baby DogeCoin

Billy Markus and Jackson Palmer, two software developers, developed the meme currency known as Dogecoin in 2013.

Palmer, on the other hand, tweeted about creating a cryptocurrency with a doge motif based on the Shiba Inu “doge” joke.

After seeing Palmer’s tweet, Markus decided to start working on Dogecoin on his own.
It is correct to argue that Dogecoin is based on the code of Bitcoin because it is a fork of Lucky Coin, which is a fork of Bitcoin.

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What is Trust Wallet?

Trust wallet is a mobile wallet application that focuses on simplicity and usability. It is a community-driven, open-source multi-currency wallet that allows you to store the vast majority of cryptocurrency coins and tokens.

only does it provide an easy and convenient way to manage all of your cryptocurrencies from a single location.

What is PancakeSwap?

PancakeSwap is a decentralized exchange that runs on the Binance Smart Chain, a blockchain created by Binance, the world’s largest cryptocurrency exchange.

PancakeSwap allows you to exchange tokens, invest in yield farms and liquidity pools, and purchase and sell collectibles. It is a component of the ever-expanding world of decentralized financial protocols.

Let’s get down to business.

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How to Sell Baby DogeCoin on Trust Wallet

1]. Creating an Account

You go to your google play store or app store and download the application Trust wallet.

Then you accept the terms and conditions given to you, there would be something like a seed phrase that is up to nine words.

The nine words are the key to your account, so hold onto it tight. Then your account is ready, with this you will be able to deposit and also sell baby doge Coin.

The option of buying the baby dogecoin is on the platform with a third party, is that you are free to use any means of payment.

Trust wallet also gives you complete control over your private keys, and because it’s a mobile wallet, you’ll have constant access to your funds while on the go. Furthermore, it works well with decentralized exchanges.

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2]. Selling Baby DogeCoin

The application itself does not allow you to sell but to buy only. But, there are ways to go around it.

First Option

You find a buyer and the person pays you physical cash before you sell the Baby dogecoin, that way you can reduce the risk of being scammed.

The best place to meet strangers is in a public place e.g restaurant, garden, etc

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Second Option

There are social groups e.g Whatsapp, telegram Twitter, etc, that connect individuals that want to buy and sell their baby dogecoin around the world.

You have to be watchful because such platforms can be filled with scammers.

How to Sell Baby DogeCoin on Trust Wallet Pancake Swap

To use pancake swap you must have a wallet e.g meta mask, trust wallet, etc. It’s through the wallet you will be able to do many things like:

  • Trade
  • To farm coins
  • Stake in pool
  • Add/Remove liquidity
  • Participate in an IFO

I will be talking a little about some of the functions of the Pancake swap that is related to baby dogecoin.

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1]. Trade or Swap Baby DogeCoin

To sell your baby dogecoin, you can not sell to physical cash but you can swipe it to a more stable coin e.g USDT, USDC, BUSD, etc. stable coins are coin that is not volatile but it is more like your physical cash but digitalized.

Don’t forget there will be a small fee attached to it

2]. To Farm Coin

You can use your baby dogecoin to farm for new coins before it comes up for sale. Hereby profiting from its lunch.

3]. Add/Remove Liquidity Baby DogeCoin

Baby dogecoin is a token that needs liquidity to grow and increase the capital with the worth when you are about to sell it.

When you add liquidity to baby dogecoin, you are also earning on whatever they are paying you with, so it is a win-win thing. I provide capital and they still pay me for my capital. who does not like free and good returns on investment?

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How to Sell Baby Doge on Metamask

The following are the four steps to adding BabyDoge to Metamask on the Ethereum Network:

  • Go to Metamask and make sure you’re on the Ethereum Mainnet.
  • Choose ‘Import Tokens,’ then ‘Import Custom Token.’
  • Take the Ethereum contract from CoinMarketCap and copy it.
  • Confirm that BabyDoge is identified and click ‘Add Custom Token.’

1]. Go to Metamask and Make Sure You’re on the Ethereum Mainnet.

The first step is to confirm that you are using the Ethereum network on Metamask.

This is the network that all Metamask wallets use by default. You may, however, connect Metamask to other blockchain networks, such as:

  • Fantom
  • Polygon
  • Binance
  • Avalanche Smart Chains

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2]. Choose ‘Import Tokens,’ Then ‘Import Custom Token.’

After you’ve connected to the Ethereum Mainnet, click ‘Import Tokens.’

Also, note that you won’t be able to import BabyDoge if you try to look for it using the Search option.

Instead, navigate to the ‘Custom Token’ area.

3]. Take the Ethereum Contract from CoinMarketCap and Copy it

One of the most trustworthy websites to find the contract address for cryptocurrencies is CoinMarketCap.

The Ethereum contract for BabyDoge may be found in the section under “Contracts.”

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4]. Confirm that Baby Doge is Identified and Click ‘Add Custom Token.’

The Contract Address may be copied and then pasted into Metamask’s “Token Contract Address” box.

You must once again confirm importing BabyDoge after choosing “Add Custom Token.”

Once BabyDoge has been properly added to your Metamask wallet, you should now be able to access it as one of your assets on the Ethereum Mainnet.

How to Sell Baby Doge For Cash

In other to sell Baby Doge for cash, one must first buy Dogecoin in order to sell it. To invest in Dogecoin, a user must register with a cryptocurrency exchange that accepts the Shiba-faced cryptocurrency.

Limit Order

Investors can buy Baby DOGE at a set price by using limited orders. Consider the case where someone wants to buy Baby DOGE for $0.20 but it is now $0.23.

Therefore, the investor would place a limit buy order for the amount of DOGE they desired to buy at $0.20.

So, a limit order will never be complete if the price of a coin never reaches the level set in the order.

Market Order

Investors can use market orders to purchase Baby DOGE at the current market price. A market order is usually filled quickly, if not seconds after it is placed.

Market orders are less risky than limit orders since limit orders are not subject to volatility due to their near-instant nature.

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Can Baby Doge can be Sold for Cash and Cryptocurrency

Of course, you can sell Baby Doge for cash or crypto. Setting up a sell order is simple if a user has never removed their Dogecoin from the exchange wallet.

It must be sent to a wallet on the exchange of choice if the DOGE was moved to another wallet.

The investor can sell Baby Dogecoin quickly with a market order or at a future price with a limit order while it is in an exchange wallet.

A stop-loss order technique is an additional selling option in addition to market order and limits order kinds.

What is the Price of Baby Dogecoin?

BNB is currently trading for around $515, while BABYDOGE is trading for $0.000000002919 USD. Baby DogeCoin also includes an Ethereum bridge, which allows you to buy ETH and then exchange it for BABYDOGE, but ETH has substantially higher gas fees, therefore it is not advised.

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Will Baby Doge Beat Dogecoin?

Dogecoin fans created Baby Doge, a fork of Dogecoin. Unlike Shiba, Baby Doge seeks to complement rather than compete with Dogecoin.

The team behind Baby Doge claims that its faster transaction speed will impress its “father,” Dogecoin.

What is the Baby Dogecoin Price Prediction?

In recent weeks, the Baby Doge crypto coin has been continuously climbing, which could be a reflection of how quickly cryptocurrency has grown.

Is Baby Doge on the rise? According to CoinMarketCap, the price of Baby Dogecoin increased by 70% in 24 hours around a week ago. The coin increased in value from $0.0000000012 to $0.000000002187.

Is Baby Doge a Good Investment?

Baby Doge, on the other hand, is a gamble rather than an investment. Always gamble with money you’re willing to lose.

Furthermore, the Baby Doge website deliberately misleads its investors about the capabilities of its competitors, Shiba Inu and Dogecoin.

How To Sell Baby DogeCoin Frequently Asked Questions

Which wallet is best for baby Doge?

By trading volume, the top marketplaces for Baby Doge are LBank, BKEX, and OKX.

How do I get baby Dogecoin cash?

Install the Binance Wallet.
Set up your Binance account.
Purchase the BNB Chain as your base currency.
Send Binance BNB Chain to Your Crypto Wallet.
Connect Your Wallet to a Decentralized Exchange (DEX).
Exchange your BNB chain for the coin you want.

How do I sell coins in my trust wallet?

To withdraw your bitcoin from Trust Wallet, you must first trade it on Binance. To do so, copy the address of your cryptocurrency (for example, Ethereum) on Binance.

Can swap baby Doge on PancakeSwap?

After connecting your crypto wallet to PancakeSwap and visiting its trading page, you can choose which cryptocurrency to swap for Baby DogeCoin.

Is Baby Doge a good investment?

Baby Doge Coin, to the best of my knowledge, is not a wise investment. Although it has seen price increases, there is little evidence that it will be a long-term success.

Conclusion

The baby dogecoin is a meme token that was created out of a joke, for the rich to pump and dump. which is not healthy for the crypto community.

I will not push you away from the coin but rather encourage you to do your proper investigation of the coin, to properly aid your decision to own one or to sell everything you have and absolutely drop the meme coin.

The crypto world is still growing, so I urge you to be careful of whatever coin you might want to invest in and the coin must be solving a problem to believe in its goal and visions.

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