How to Add Liquidity to your token on WyreBitcoin: A Step-by-Step Guide
A quick and easy guide for adding liquidity to any token on WyreBitcoin
Here are the cheapest and fastest ways to add liquidity to your own token.
For those of you who may not be familiar with the Swap Token Exchange, this tutorial will guide you through all the necessary steps to add liquidity for a token on Uniswap v2 via #WyreBitcoin, using WyreBitcoin Token (WyBTC) as an example.
Step by Step Tutorial
To begin, you will need WyBTC and ETH in your Metamask wallet and some additional ETH for the gas fees. If you need more WyBTC you can buy for ETH it in Buy WyBTC, or use your own token.
Step 1: Go to https://www.wyrebitcoin.com/wallet/#/exchange/
Once you are on the WyreBitcoin Swap website connect your Metamask wallet by clicking on “Connect Wallet” in the top right corner, followed by clicking MetaMask.
Step 2: Connecting to the pool
Search for the WyBTC/ETH liquidity pool or add new token by pasting the smart contract address for WyBTC into the Wallet section ADD CUSTOM TOKEN. Once the contract address has been entered, add the token for easy reference in the future. Once again, you can add your own token.
WyBTC Contract Address: 0x2B9aC6dC32D91215aFb6757d88afadfb1B456c86
Step 3: Approve WyBTC and Add Liquidity
Enter the amount of WyBTC you want to add to the liquidity pool and ETH. Approve WyBTC button and confirm the transaction. Then click the bright blue “Add Liquidity” button and confirm the transaction.
Step 4: Confirm
You will then need to confirm the transaction in your Metamask wallet. It will display the gas fee and the total transaction amount. If everything looks correct click on “Confirm”.
Congratulations, as soon as the transaction is confirmed you are now a liquidity provider for the WyBTC/ETH pairing.
Using this tutorial you can add your own liquidity token much cheaper .