Guide to KyleKoin for beginners! Compiled with Sections in order (skip ahead if you’ve completed everything in the first section/are crypto savvy! Everyone else follow along!) FYI I’ve also compiled relevant pictures from the other beauty Kyle’s/dev’s to help with seeing each step/the interfaces you interact with! I took pics along the way so lets get into it!
Crypto Basics Section is at the very bottom of the post to explain how/what/why this exists and works!
This is the KyleKoin contract address IMPORTANT NUMBER TO COPY/PASTE AND NOT MIX UP!!!
0x089f7319e4ec562408777fe82e064e1a85a711f7
That is separate from your personal send/receive address for a KyleKoin Trust Wallet. This address above is the one you use to setup a custom token on Trust, to search for KyleKoin on PancakeSwap, to track on Poocoin (yes that’s a real thing!) It is basically the blockchain identity for KyleKoin as an entity. Your personal Send/Receive address is a one-of-a-kind-unique-to-yourself kinda deal!
Section A) What do I need setup before I can buy KyleKoin?!?! (New to Crypto!?! START HERE!)
- Trust Wallet
- Crypto Exchange
- Credit Card/Bank Account to purchase through exchange
- Verification (ID, tax info ect as per exchange requirements)
- Notepad/Safe place to store and write down your keys/phrases for accounts
Section B) Setup KyleKoin on Trust Wallet
- Add custom token/KyleKoin to your wallet
- Sending/Receiving explained
Section C) Buying BNB through exchange/choosing an exchange
- Buying BNB on an exchange
- Gas fees explained
- Transferring BNB from exchange to your BNB Trust Wallet
- Swapping BNB from Trust Wallet to Smart Chain BNB
Section D) Swapping Smart Chain BNB to KyleKoin Through PancakeSwap
- Pancake Swap explained/how to access
- DAPP issues for IOS on Trust Wallet explained
- Connecting your Trust Wallet to Pancake Swap
- Swapping Smart Chain BNB to KyleKoin
SECTION A) SETUP TO BUY KYLEKOIN/GET YOUR WALLETS/EXCHANGES/VERIFY
A1) Trust Wallet (your account that holds Kyle/allows you to use Pancake Swap to buy/sell Kyle and stake)
Download Trust Wallet.
Follow account creation instructions. Remember to have your notepad handy to write down your account password/pass phrases VERY IMPORTANT!!! DO NOT LOSE THESE!!! If your account has issues this is the only way to recover your assets!
Verify your password and your wallet has been created!
A2) Crypto Exchange (where you will buy Crypto’s and BNB to swap for KyleKoin and other coins or own!)
Find an exchange that will allow you to purchase BNB crypto. Depending on your bank/where you live you will have to look into a few of these and decide which works best/possibly have to phone your bank to allow purchase with your credit card.
BNB is available through Binance, Crypto.com, Kucoin, sometimes through Trust Wallet directly.
Sign up for an account on your chosen exchange. This will require ID/verification/bank account/credit card info and sometimes requires proof of address (a scan of a bank statement or bill to your address matching your credit card info/bank info ect) taxes are coming for crypto its now necessary to disclose information to exchanges for tax purposes almost everywhere.
Some have holds/account limits for a set period of time or a maximum purchase amount. Be aware they might also require time to verify before purchases and/or your bank might not allow credit card purchases of crypto without you phoning them first ect.
A3) Bank account/Credit Card
As stated above, you need funds/fiat to transfer to an exchange or a credit card that allows crypto exchange purchases. Your account number/transit number ect are all personal to you and inputting this info is usually required. You still may experience temporary limits/holds from your bank or the exchange each is different. It is always worth it to have access to the markets afterwards, the pain is temporary! Remember you might have to call to approve crypto purchases on credit card or might have to use another method to transfer fiat to the exchange.
A4) Verification/ID
Again, just a reminder to use your real info for this as the exchanges are all being held to new tax standards/disclosures. It can take time especially since crypto has exploded and most of the exchanges have an influx of new accounts being created. Try and try again if they do not allow you to verify/it is taking too long. Clear pictures and staying within the borders are very important.
A5) Notepad/Safe place (keep your info safe and sound)
Having written down all your new account/wallet information as you have been signing up to everything, you now have all your seed phrases/passwords/recovery info written down. Please put this somewhere safe, even make a physical copy of it and put it in two safe places. Any digital storage you can research yourself further, offline hardware wallets ect. But be careful inputting these phrases/passwords on your computer or sending them to yourself ect digitally without encryption. Writing them down physically is the safest! GET A CHEAP SAFE WHEN YOU MAKE YOUR MOOLAH!
SECTION B) SETUP KYLEKOIN ON TRUST WALLET
B1) Now that you’ve setup your accounts and have a Trust Wallet active we need to setup KyleKoin as a custom token. It is recommended to now copy the KyleKoin contract address into your clipboard so that you can paste it when prompted/needed. It is not recommended to type it in manually as any mistakes can become a bigger issue. The code is once again:
0x089f7319e4ec562408777fe82e064e1a85a711f7
With that copied/on the clipboard we first open up Trust Wallet (sign in if you haven’t). Next, make sure your screen is on the wallet tab (it should load up here first anyway! If not you are selecting the bottom left icon in Trust Wallet to be on the same page). In the upper right corner there will be an icon with two circles/lines. Click on this, it will bring you to a search menu with coins listed. At this point you will either scroll to the very bottom and click on the “add custom token” button there, or you can paste in the KyleKoin contract address and then click on KyleKoin.
If it does not come up as an option when you paste the address in, click on add custom token and put the contract address into the space provided. Select network and choose Smart Chain (IMPORTANT! KyleKoin exists currently on Smart Chain BNB, any other network it will not work, select Smart Chain for Network!).
Contract Address: 0x089f7319e4ec562408777fe82e064e1a85a711f7
Name: KyleKoin
Symbol: KYLE
Decimals: 18
If this is done successfully, when you close and reopen your Trust Wallet it should now list KyleKoin under the coins in your wallet tab! It will have a BEP20 circle beside it
B2) KyleKoin is now in your Trust Wallet (you have successfully connected your personal crypto storage/transfer wallet to the KyleKoin smart contract!!!!). Click on KyleKoin under your wallet and it will give you a screen with the option to Send, Receive, Copy.
You likely have no KyleKoin yet, that is later in the steps if you are new, but still its important to describe the actions available! Receive is your personal wallet address, only give this out to people who are sending you KyleKoin…only KyleKoins go here, are stored here, and only yours!!! Copy allows you to easily paste this unique KyleKoin wallet address into your clipboard on your phone or pc. This you will need to input in order to receive purchased KyleKoin or for someone to send you KyleKoin.
Send is for sending KyleKoin and only KyleKoin from one KyleKoin wallet to another. Your address is already input here but you will need to scan the QR code or input/copy paste the KyleKoin wallet address of who you wish to send KyleKoin to.
SECTION C) BUYING BNB THROUGH A CRYPTO EXCHANGE
C1) The coin to buy in order to swap for KyleKoin in the end is actually called Binance Coin (BNB). In order to purchase this you need to sign up for a cryptocurrency exchange. There are many out there but only a few will allow you to buy BNB. Binance, Crypto. Com, Kucoin to name a few. These exchanges usually require you to sign up with valid ID/Passport/Drivers License and to give details for tax reasons. You also would do well to familiarize yourself with how the exchange works upon sign up by watching youtube videos or seeing their FAQ/Help sections. Most are user friendly but can seem daunting. You will need to setup a way to transfer money into the exchange in order to buy your crypto. This can be done using your credit card, debit card/bank account, or paypal ect depending on the exchange. Most credit cards and banks have different rules regarding crypto transactions and its possible you may have to phone them to approve transactions initially or confirm transactions/verify you are making the purchases. Without the account verified/a card or money deposited you cannot buy any crypto. Also important to note, some exchanges have delays/banks with transfers and or hold/limit your purchases for the first bit. In my experience Crypto. Com offers a month of no fees on transfers ect. and was easy to setup/no limits and holds if my memory is correct.
To buy BNB you search for the Coin on your exchange and purchase using your preferred fiat method/credit card/bank account.
Once the transaction is complete it should show up in your exchange wallet balance under the coin. MAKE SURE YOU ARE BUYING BNB BINANCE COIN there are other coins attached to BNB like BNB WRAPPED ect ect…..only Binance Coin BNB!!!!
(If you are experienced in the end we swap BNB for Smart Chain BNB. As long as you transfer it to your Trust Wallet and have Smart Chain BNB available you are good to buy that directly/transfer it into Trust Wallet)
C2) Gas Fees Explained. Okay…so when we are transferring from wallet to wallet/exchange to external wallet/pancake swapping there are fees associated with running the networks/confirming ledgers! Most coins carry fees, BNB does as well (it is quite affordable compared to things like Ethereum). You need to be careful when you are transferring to leave behind enough balance that you can afford the gas fees. I typically find BNB transfers to take up about 0.5% of the transaction to go through. Sometimes you may be rejected because of insufficient balances related to the Gas Fee. The important thing to remember here is you are paying that particular network to use the network and you should know that you can rarely (if ever) transfer all your fiat over to a coin ect without having some extra crypto in your wallet left behind to pay the fees!
C3) Now we need to actually transfer our BNB from the exchange to our Trust Wallet. Within Trust Wallet, click on BNB Binance Coin under your wallet tab. Click receive and copy your BNB wallet address onto your clipboard.
Go to your exchange app. Access your BNB wallet on the exchange and click withdraw option. They should have an option to withdraw to an external wallet…this is the option you need to transfer to your Trust Wallet.
Click on this and then input the receiving address you are withdrawing to as your Trust Wallet BNB address (we copied this earlier in this step from the Trust Wallet! This is not the same number as the KyleKoin contract address or your KyleKoin Wallet address ONLY YOUR BNB RECEIVE ADDRESS!). NOTE: Gas fees might mean you cannot transfer the full amount, again some exchanges have an option to do the maximum based on the fees, others require you to do the math/guesswork on the max you can send while still affording the gas fees. Theres a slow trickle away at your capital on the way to KyleKoin, good thing is going to the moon you kings n queens.
This can take some time as it is verified through the blockchain. You should receive and email/notification from Trust Wallet when it has been transferred successfully. REMEMBER TO COPY PASTE AND NOT TYPE IN ADDRESSESS MANUALLY!!! WHEN IN DOUBT ALWAYS DOUBLE BACK AND COPY PASTE FROM THE SOURCE!!!! Now we have BNB in our Trust Wallet
C4) Swapping to Smart Chain BNB from Binance Coin BNB within the Trust Wallet! We need to do another swap before we can swap on Pancake Swap for that real deal KyleKoin! So close now!
Within the trust wallet click on your freshly transferred BNB under the wallet tab. There will be an button on the right with three dots called “Options”…we will be clicking this! It gives a few options and one of them is to swap to Smart Chain. Click on this. You are now presented with a screen that shows BNB (with your wallet balance showing) on top of Smart Chain BNB. You need to input a number less than your total of BNB in the upper portion (this is how much BNB you wish to switch over…you cannot input it all as you need some for the gas fees. This fluctuates and often you will need to try multiple numbers to maximize your transfers/crunch numbers a bit. For frame of reference on a 400$ swap from BNB to Smart Chain the fees were around 2$ or 0.5% so for 1.03BNB swap I paid .004 BNB in fees or so!). When you are ready confirm and let the transaction take place. It will prompt you that it will take a while to process and please do not do this with dead battery or get inpatient/frustrated and exit out…its waiting for the blockchain to confirm and log the transaction! Afterwards your Smart Chain BNB is ready to go and we can do the last swap to KyleKoin!!!!!
SECTION D) SWAPPING SMART CHAIN BNB TO KYLEKOIN THROUGH PANCAKE SWAP
D1) Pancake Swap is a Decentralized Application or DAPP that allows you to swap tokens/crypto using base tokens (In our case we are using Smart Chain BNB to swap for a custom token). Pancake Swap is accessible through your Trust Wallet by clicking on the DAPP/DAPP Browser button and then selecting Pancake Swap (with that lil bunny cake guy symbol!) We are now in Pancake Swap!
D2) This section is a small troubleshoot for IOS users, turns out Trust Wallet cannot have DAPP enabled by default in order to be listed on the Apple Store. There is a quick fix for this, I am putting a link here that explains the process to activate. Trust Wallet: How to enable Dapp browser on iOS users
Basically you will have to open up Safari, then manually type in::::: trust://browser_enable
Typing this will bring you to a page that enables the DAPP browser and will ask to open up in Trust Wallet to do so! You should be activated now! There are usually instructions located on Trust Wallet but currently those have been removed so youtube/google will have to do (Search How to enable DAPP browser on IOS Trust Wallet)
D3) Connecting the Trust Wallet on Pancake Swap! Now that we have Pancake Swap loaded in our Trust Wallet DAPP browser we are going to connect our wallet (that already is setup with KyleKoin and has Smart Chain BNB available!!!) so that the platform knows who is swapping/where to send the KyleKoin. In the upper right corner of the Pancake Swap page there will be an option to connect your wallet! Do so now and ensure it is the proper wallet! When successful it should show your balances when you select coins you hold in that wallet such as the Smart Chain BNB!
D4) The final step to KyleKoin is to actually complete the swap! With our connected wallet we now need to navigate to the Trade tab in Pancake Swap. The upper left of the Pancake Swap DAPP has all the tabs for the site…there will be a tab
Now we ensure the top swap is our Smart Chain BNB, it should show your balance since the wallet is connected at this point! Now we go down and input KyleKoin contract address into the second half of the form/swap.
Ensure that you use this number once again when you input the coin to swap to: VERY IMPORTANT!
0x089f7319e4ec562408777fe82e064e1a85a711f7
Now we set the amount of BNB we desire to change to KyleKoin and activate the swap!
It might take a bit of time to process the transaction but when it is complete you will now have KyleKoin equivalent to the market price/BNB you just swapped it out for! It will now show your balance of KyleKoin in Trust Wallet and you can send/receive it!
Non-Investment Disclaimer
KyleKoin is a token on the Binance Smart Chain(BSC), as such it is not an investment. It is a token for a potential future blockchain utility that will connect blockchain with gaming rewards and NFTs seamlessly. Purchasing KyleKoin on Pancake swap is not without risk and you may lose some or all of your original purchase cost. This loss shall not be the responsibility of KyleKoin L.L.C. or their associates.