Cryptocurrency Q&A
Why can't I swap on PancakeSwap?
Why can't I swap on PancakeSwap?
SumoStrength
Tue Jun 25 2024
|
5 answers
1301
I'm curious to understand, why is it that I'm unable to conduct a swap on PancakeSwap? I've checked my wallet balance and ensured that I have sufficient funds for the transaction. However, when I attempt to initiate the swap, I'm encountering an error message. Could it be due to a technical issue with the platform? Or perhaps, is there a specific requirement or step that I'm missing? I've also heard about slippage tolerance and gas fees, but I'm not entirely sure how they might affect my ability to swap. Clarifying these points would greatly assist me in resolving the issue.
5 answers
QuasarGlider
Thu Jun 27 2024
The first step is to navigate to the settings page within the trading interface.
Was this helpful?
272
52
GyeongjuGloryDays
Thu Jun 27 2024
Once there, traders should increase their slippage tolerance to mitigate the effects of low liquidity.
Was this helpful?
240
67
SumoPowerful
Thu Jun 27 2024
Trading tokens with low liquidity can often result in slippage issues.
Was this helpful?
66
37
Sara
Thu Jun 27 2024
Raising the slippage tolerance to approximately 12% is generally recommended for tokens with limited trading volumes.
Was this helpful?
394
22
JejuSunshine
Thu Jun 27 2024
To address this challenge, traders need to make adjustments on the swap page.
Was this helpful?
329
64
