Terkehh (TERK) is a cryptocurrency released in 2021 that runs on the Binance Smart Chain (BEP20) platform.
TERK became tradable for the first time on January 2, 2022. There are 210,000,000,000 in overall capacity. TERK maintains its market value of USD $4,412,429,492.47. TERK is currently trading at $0.0210 and also is rated 3370 on Coinmarketcap
TERK has already been registered on a handful of cryptocurrency exchange platforms, but unlike other major crypto assets, it cannot be bought outright with fiat money.
Nevertheless, you may still simply purchase this currency by first purchasing Bitcoin from any fiat-to-crypto exchange and afterward transferring to an exchange platform that trades this cryptocurrency.
How To Swap TERK Token To BNB?
Steps to Swap TERK Token to BNB:
Step 1: Log Into The Trust Wallet
First login into Trust Wallet Account in your mobile app. Make sure you have sufficient TERK tokens available for swap.
Step 2: Go To DApps Option
To swap your TERK token, go to DApps option, which will be at the bottom right corner of your mobile screen in case you are using the Trust Wallet mobile app.
Step 3: Search For The PancakeSwap Option
In DApps, search for PancakeSwap from the given list. Select PancakeSwap to swap your TERK token. After selecting PancakeSwap, it will redirect you to the webpage of PancakeSwap.
Note: When you reach the webpage of PancakeSwap, check the top right corner. There will be a symbol, click on that to check whether it is a Smart Chain or not. If not, then select the Smart Chain from the list.
Step 4: Selecting BNB For Swapping
Generally, BNB is given as the by default choice to swap with. If any other crypto is given, then select that and a list will show up. Select BNB from the list.
There will be a downward arrow ↓ below the box; click on that. This will swap the position of the options of Cake and BNB. The cake will come up and the BNB will go down.
Select the Cake option and then the app will ask you to enter the token which you want to swap. Enter the contact address for TERK which is mentioned below i.
Contract Address: 0x53035E4e14fb3f82C02357B35d5cC0C5b53928B4
Name: Terk
Symbol: Terk
Decimal: 18
TERK option will show up after entering the address. Select that.
Note: Only enter the contact address; do not write TERK.
Step 5: Entering The Amount Of TERK To Be Swapped
Now, you will be asked to enter the amount of TERK token you want to swap. Enter the amount and check the exchange amount of the crypto with which you are swapping TERK.
Note: When you enter the amount of TERK, the exchange value of BNB will be shown in the box under the BNB option.
Step 6: Complete The Swapping Process
Click on the Swap button. The page will ask again to confirm the process. Click on the Confirm Swap button to complete the process. Wait for a few minutes to see the swapped amount is credited.
Also Read: How to Migrate SafeMoon V1 to V2 on Trust Wallet?
Why Can’t I Swap TERK With BNB On PancakeSwap?
Sometimes while swapping TERK token with BNB on PancakeSwap may get failed. After clicking the Confirm Swap button, an error message shows up.
In that case, decrease the amount of TERK you want to swap and then try to swap it with BNB again. If the error message shows up again that means the liquidity of the token is still locked.
You have to wait for a while and try the process again from the beginning. The swapping will not be completed until the liquidity of the token gets unlocked. The user has nothing to do until it gets unlocked.
Conclusion
TERK is already featured on a few crypto trading portals, but unlike most of the big digital currencies, it cannot be purchased using fiat money.
Nonetheless, users may obtain this asset simply by first acquiring BTC from any fiat-to-crypto exchange and then shifting to a trading platform that sells this cryptocurrency.
This article has detailed information regarding the swapping process of TERK tokens on the Trust Wallet using PancakeSwap.
TERK token can be swapped very easily with the BNB on Trust Wallet but sometimes errors in the swapping process occur.
When the swapping process fails, the users are requested to retry using a lesser amount of TERK.
If it still does not work, that means the liquidity of the token is still locked and the user has no option in their hand but to wait for the liquidity to be unlocked.
They can try to swap their TERK token through the same process later. The process generally takes a few minutes to complete and is also free of cost service.
