Guide to Creating a Liquidity Pool with the CUBX Token

Started 6 days ago by CryptoTalk in Guides & Tutorials, CUBX Pool Instructions

Create a liquidity pool for CUBX and Token X on PancakeSwap. Follow this step-by-step guide, from buying a package to successfully setting up your pool.

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1. Purchase a Package

  • Visit dexpool.coinubex.com and select the package you want.
  • Pay with one of the supported cryptocurrencies: BNB, USDT, USDX, or USDC.
  • After a successful transaction, you will receive a link to this forum post.

Important Information for buying a pool: Please ensure you provide the transaction ID of your purchase via the contact form or through Telegram before proceeding further.

Important Information for buying a Articel Ads: If you have purchased an article or an online advertising banner placement, follow this thread for further instructions and updates.


2. Add CUBX to Your Wallet

  • Add the CUBX Token to your wallet (e.g., MetaMask).
  • Network: Binance Smart Chain (BSC)
  • Contract Address:
    0xa803cde7ede4e361A2a3D518396Fc10Fdef0aC40
  • Important: Ensure the contract address matches exactly to avoid scams or errors.

3. Access PancakeSwap

  • Go to PancakeSwap.
  • Navigate to the "Liquidity" section and click on "Add Liquidity".

4. Determining the Token Pair Price (CUBX/Token X)

  • As the pool creator, you set the initial price ratio between CUBX and your Token X.

  • To check the current CUBX token price, use one of these platforms:

  • Example:
    If the current price of 1 CUBX = $0.50 USDT, and you want 1 Token X to equal $1 USDT, set the ratio to 2 CUBX = 1 Token X.


5. Activate V2 Liquidity

  • Before finalizing the token pair, click on "More" > "Add V2 Liquidity".
  • Important: PancakeSwap supports only V2 liquidity for trading with CUBX.

6. Connect Your Wallet and Add Tokens

  • Connect your wallet to PancakeSwap, ensuring both CUBX and your Token X are available in your wallet.
  • First, add CUBX by selecting "MAX".
  • PancakeSwap will automatically calculate the amount of the second token based on the set price ratio.

7. Confirm and Create the Liquidity Pool

  • Double-check the settings:
    • Token pair ratio (price)
    • Total liquidity amount to be provided.
  • Approve the settings in your wallet.
  • Once confirmed, the transaction will create your liquidity pool.

8. Import Cake-LP Tokens

  • After the pool is created, you will receive Cake-LP tokens.
  • These tokens represent your ownership of the liquidity pool.
  • Import the Cake-LP tokens into your wallet to manage the pool easily.

9. Monitor Your Liquidity Pool

  • Your CUBX/Token X liquidity pool is now live.
  • You can monitor it on platforms like Dextools to:
    • Track trading volume,
    • Analyze price movements,
    • And review your earnings from trading fees.

Note:

  • Every transaction in the pool generates income for you.
  • To enhance your pool's performance, consider adjusting the pool ratio or adding more liquidity over time.

Good luck with your first CUBX liquidity pool! ๐Ÿš€
If you have any questions or face challenges, feel free to ask for help in the forum. ๐Ÿ˜Š

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