How to Deploy and Trade ERC20/BEP20 Smart Contracts for ETH/BNB on PancakeSwap and Uniswap

Introduction

The rise of decentralized finance (DeFi) has made smart contracts and decentralized exchanges (DEXs) like PancakeSwap and Uniswap pivotal for investors and developers. These platforms enable users to deploy custom tokens, trade, and earn profits. This guide simplifies the process of deploying and trading ERC20/BEP20 smart contracts for ETH and BNB on PancakeSwap and Uniswap.

Step 1: Smart Contract Development

ERC20 Tokens (Ethereum)

• Write your contract in Solidity following the ERC20 standard.
• Key functions: transfer(), balanceOf(), and approve().
• Tools: Remix IDE, Hardhat, or Truffle for compilation and testing.

BEP20 Tokens (Binance Smart Chain)

• Use Solidity (compatible with BEP20) or Rust (via Anchor framework).
• Ensure compatibility with Binance Smart Chain’s lower gas fees.
• Tools: BSCScan, PancakeSwap’s token toolkit.

Step 2: Deploying the Smart Contract

ERC20 Deployment

1. Compile the contract using Remix or Hardhat.
2. Deploy to Ethereum via MetaMask (pay gas fees in ETH).
3. Verify the contract on Etherscan.

BEP20 Deployment

1. Compile and deploy using BSC-compatible tools.
2. Pay gas fees in BNB (Binance Smart Chain’s native currency).
3. Verify on BSCScan.

👉 Optimize gas fees with these tips

Step 3: Listing on PancakeSwap/Uniswap

PancakeSwap (BEP20)

1. Provide liquidity by pairing your token with BNB.
2. Use PancakeSwap’s "Add Liquidity" interface to create a pool.
3. Stake LP tokens to earn trading fees.

Uniswap (ERC20)

1. Use Uniswap V3’s Factory Contract to create a pool.
2. Set fee tiers (0.05%, 0.3%, or 1%) based on token volatility.

Key Tip: Ensure sufficient initial liquidity to avoid high slippage.

Step 4: Trading and Earning Strategies

• Liquidity Providers (LPs): Earn 0.17%–0.25% fees per trade.
• Yield Farming: Incentivize trading with staking rewards.
• Marketing: Promote your token via social media and community engagement.

👉 Maximize profits with liquidity strategies

Step 5: Critical Considerations

• Security: Audit contracts via Certik or SlowMist before deployment.
• Gas Fees: Monitor Ethereum’s high fees; BSC is cheaper.
• Compliance: Adhere to local regulations (e.g., SEC guidelines).

FAQ

Q1: What’s the difference between ERC20 and BEP20?

A: ERC20 runs on Ethereum (higher fees), while BEP20 operates on Binance Smart Chain (lower fees). Both follow similar token standards.

Q2: How much does it cost to deploy a contract?

A: Ethereum: $50–$500 (varies with gas). BSC: Under $10.

Q3: Can I list my token on both PancakeSwap and Uniswap?

A: Yes, but you’ll need separate contracts (ERC20 for Uniswap, BEP20 for PancakeSwap).

Q4: How do I attract traders to my token?

A: Offer liquidity mining rewards, engage with crypto communities, and ensure transparency.

Conclusion

Deploying and trading ERC20/BEP20 tokens requires technical precision and strategic planning. By leveraging PancakeSwap and Uniswap, you can tap into DeFi’s lucrative opportunities. Stay adaptable, prioritize security, and continuously optimize your approach for long-term success.

Disclaimer: This guide outlines general steps; always conduct independent research and consult legal advice.