How to trade PAN on a decentralized exchange like EtherDelta

*I have written a new story an trading Tokens through relayers. Here you have full control of your Tokens. Please follow this link.**

Are you sitting on your Pantos on your Bitpanda account and asking yourself when will it be tradable at major exchanges? Well, you don’t have to sell and buy it only on Bitpanda. You can easily trade them right now on EtherDelta.

How can you do that? It’s really easy, you just have to take the following steps.

Create an Ethereum Wallet and MetaMask account

The PANTOS Team wrote an article, explaining this process in detail. Just go to their post and follow the steps. They will guide you through the process. Once you have done this, you can take the next step.

Send PAN to your MetaMask account

Once you have set up everything, your MetaMask Account will look like this

Before you can start trading PAN on a decentralized exchange you also need some ETH for Trading-fees. Therefore, go to your Bitpanda account, buy some ETH and send them AND your PAN to the account on MetaMask. You can copy your ETH Address just by clicking on the grey area below the Details. (Your ETH Address is also your PAN Token Address!)

Just a small reminder: Do NOT send all of your Tokens at once. First you should test it with a small amount and afterwards you can send as many Tokens as you want to trade.

Start trading on EtherDelta

Go to this link and open up the Exchange. You should be greeted by this site.

If you aren’t logged into your MetaMask account, you will get an error notification, but you don’t need to worry about it. Just log in to your MetaMask account, so you can see your Wallet Balance on the Exchange.

The next step is to transfer ETH and PAN to Etherdelta, so you can trade on the Exchange. To do that, just pick an amount, for example 0.01 ETH, click on the Deposit Button and do that for ETH and PAN. Your MetaMask account will ask you to confirm this transaction and you will have to pay a Gas Fee.

Cick on the “Confirm” button. Now you should have your Token Balance on EtherDelta.

That’s it, you can place either a sell or a buy order for you PAN and the trading can start.

I think in the future PAN will be traded on some relayers on the 0x Protocol, but until then EtherDelta will do.