Cryptocurrency Q&A What does it mean not enough liquidity on Coinbase Wallet?

What does it mean not enough liquidity on Coinbase Wallet?

BlockchainBaronGuard BlockchainBaronGuard Thu Nov 28 2024 | 7 answers 1634
I'm trying to understand the concept of liquidity, specifically in the context of Coinbase Wallet. I encountered a message saying 'not enough liquidity' and I'm wondering what that implies. What does it mean not enough liquidity on Coinbase Wallet?

7 answers

Tommaso Tommaso Fri Nov 29 2024
When there is high demand and low supply, the liquidity of the token on the destination network may diminish.

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MysticChaser MysticChaser Fri Nov 29 2024
In some scenarios, the demand for a particular token can exceed its available supply on the intended network.

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TaekwondoMasterStrengthHonorGlory TaekwondoMasterStrengthHonorGlory Fri Nov 29 2024
A lack of liquidity can hinder the ability to send or receive the token.

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BonsaiVitality BonsaiVitality Fri Nov 29 2024
Transactions may not be completed due to insufficient funds or matching orders.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Fri Nov 29 2024
This imbalance can create a situation where there is insufficient liquidity.

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