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Note: This is not financial advice. This is for educational purposes only. Please note that cryptocurrencies are a very volatile and extremely risky asset class; invest only what you can afford to lose.
“How to buy a ZOO token” is a query that is currently exploding on the Google search engine after controversial YouTube personality Logan Paul announced plans to launch a new NFT game called CryptoZoo, which involves breeding exotic digital animals based on NFT.
These animals can procreate and generate hybrid breeds, resulting in crypto tokens that can be exchanged for fiat (we told you crypto games to win are about to explode).
However, to get your hands on one of these NFT beasts, you will need to purchase eggs. And you can’t buy eggs without securing ZOO $, the native crypto token behind the CryptoZoo NFT game. Buying ZOO tokens is not as easy as buying Bitcoin and Dogecoin, but we’ll walk you through the process so you can be ready to buy eggs when they go live on the 1st. September.
How to buy a Zoo token
To buy ZOO, you need to download the Trust Wallet app. Second, you need to buy Binance Coin (BNB). You can buy BNB on Binance or Binance US (if you are a US resident). Once you have acquired BNB, you need to send it to the Trust Wallet app. You can also buy BNB directly from the TrustWallet app by selecting “BNB” in the Wallet tab and pressing “Buy”, but this usually results in higher fees.
Note: If you live in a place where it is difficult to buy BNB (e.g. New York), here is a workaround: Buy XLM on Coinbase, send XLM to Atomic Wallet, exchange XLM for BNB on Atomic Wallet and send BNB to TrustWallet.
Once you have obtained your BNB, here are the steps to buy ZOO.
1. Go to the main Trust Wallet page and you should see your BNB. Tap “BNB”, tap “More” and tap “Swap to Smart Chain”.
How to buy a Zoo token (Image credit: Future)
2. Under “Redeem”, tap anywhere in the BNB “You Pay” area. This will bring up four options: 100%, 75%, 50%, and 25%.
3. Press “100%” to transfer 100% of your BNB to Smart Chain. Press “Redeem”, press “Send” and wait for the conversion to be processed. (Keep in mind that there is a network fee; you will need to subtract the network fee from your BNB balance in order for the exchange to take place).
4. Go back to the main Trust Wallet page and you should see that your Smart Chain order is executed.
Using PancakeSwap to Convert Smart Chain to ZOO Token
For the next set of instructions, if you have an Android device, you can skip the first step. But if you have iOS, you’ll need to take the first step to access PancakeSwap (a decentralized marketplace that lets you buy ZOO).
How to buy a Zoo token (Image credit: Future)
1. (Only for iPhone users) Open Safari and visit PancakeSwap. Tap “Connect wallet”. Tap “Trust Wallet” and tap “Trust”. You will be prompted to log into your Trust Wallet account. Finally, press “Connect” in the “PancakeSwap wants to connect to your wallet” window. Go to step 4.
How to buy a Zoo token (Image credit: Future)
2. In the TrustWallet app, tap “dApps” on the lower task bar. Then press “PancakeSwap”.
How to buy a Zoo token (Image credit: Future)
3. Tap the ‘Connect’ button in the top right corner and tap ‘Trust Wallet’. You should see that your Smart Chain Tokens are now in PancakeSwap.
4. Press “Select a currency” and enter the following string (the ZOO contract address) in the search box: 0x8e7788ee2b1d3e5451e182035d6b2b566c2fe997. You should see “ZOO” appear as a selection. Press “Import”.
How to buy a ZOO token (Image credit: Future)
5. A warning message will appear to inform you of the risks involved in purchasing tokens on PancakeSwap. Tap “I understand” and tap “Import” again.
Click on the symbol next to the clock icon and set your slippage to “12%”. Click “X” to save and exit the window.
How to buy a Zoo token (Image credit: Future)
6. Tap “Redeem” and “Confirm Redemption. This will bring up a “Transaction submitted” message.
7. Click on “Show on BscScan”. The status bar should read “Success”, proving that you have successfully converted Smart Chain to ZOO. Quit PancakeSwap.
Note: As of this writing, PancakeSwap is currently suspending trading for CrytoZoo because the contract is being updated. According to the telegram from CryptoZoo, there is no ETA, but the developers are getting it back ASAP.
How to see ZOO in TrustWallet
Now you might be wondering, “Okay, I bought ZOOs; now where are they? ” Do not worry; I will show you how to activate its visibility on Trust Wallet.
1. Copy ZOO’s contract address here.
2. Go to the main TrustWallet page. Click on the blue icon in the upper right corner.
3. In the search bar, type “ZOO”.
How to buy a Zoo token (Image credit: Future)
4. Tap “Add custom token”. Change the Ethereum network to a Smart Chain. Under “Contract Address” paste the ZOO contract address.
5. Type “CryptoZoo” for the name, “ZOO” for the symbol and “18” for the decimal places. Tap Save.
How to buy a Zoo token (Image credit: Future)
6. Voila! You should see your ZOO tokens in the TrustWallet app.
Keep in mind that ZOO is still in its infancy so it is a very risky asset. As with any investment, you should assess your tolerance for risk and only invest what you can afford to lose.
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