Trading ILG on PancakeSwap
Currently ILG can be traded on Pancakeswap as Wrapped ILGON (WILG). Wrapped ILGON is ERC-20 token listed on PancakeSwap, which is a decentralized exchange on the Binance operated Binance Smart Chain. A wrapped token is a cryptocurrency token pegged to the value of another crypto, to ILG in our case. Trading on Pancakeswap requires a digital wallet, like Metamask.
In order to trade WILG on PancakeSwap, you will need to have a sufficient amount of BNB in your wallet as well, since the transaction costs can only be paid with the native currency of the Binance Smart Chain. BNB can easily be bought on the largest crypto exchanges, especially on Binance. When you swap tokens on PancakeSwap, you pay a 0,25% trading fee, which is paid in the tokens you swap, but you also have to provide a transaction fee that can only be paid in BNB.
