Cryptocurrency Q&A
Why did the Raydium transaction fail?
Why did the Raydium transaction fail?
MysterylitRapture
Sat Oct 26 2024
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5 answers
1401
I was trying to make a transaction using Raydium, but it failed. I'm not sure why it didn't go through. Could it be due to network congestion, insufficient funds, or some other reason?
5 answers
EthereumElite
Mon Oct 28 2024
If the price of the underlying pool, which your transaction is based on, fluctuates beyond your set Slippage Tolerance, the transaction will automatically fail. This safeguard is in place to protect investors from significant losses due to sudden price movements.
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Claudio
Mon Oct 28 2024
One reason your transaction may have failed is due to insufficient SOL. SOL is a necessary cryptocurrency to pay for network fees, commonly referred to as gas.
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KatanaGlory
Mon Oct 28 2024
To ensure smooth and uninterrupted transactions, it is advisable to maintain a balance of at least 0.05 SOL in your wallet. This amount acts as a buffer to cover any unexpected network fees.
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OliviaTaylor
Mon Oct 28 2024
Another factor that could lead to transaction failure is related to Slippage Tolerance. Slippage Tolerance is a setting that determines the maximum price fluctuation you are willing to accept for your transaction.
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BlockchainBrawler
Sun Oct 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of its users. Among these services are spot trading, futures trading, and a secure wallet solution.
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