Why can’t I sell the coins I bought on pancakeswap? How to solve it?-web3.0-php.cn

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Why can't I sell the coins I bought on pancakeswap? How to solve it?

Oct 09, 2024 am 06:45 AM

cryptocurrencyusdtexchangebuy coins sell coinsCoin buying platformpancakeswap exchange

The reasons why the tokens purchased by Pancakeswap cannot be sold and their solutions

When trading using Pancakeswap, you may encounter the situation that the purchased tokens cannot be sold. The following reasons and solutions can help you solve this problem:

Cause 1: Token transactions are restricted

The transactions of some tokens may be restricted by the project party Or exchange restrictions prevent the sale.
Solution: Check the token’s contract or announcement to confirm if there are any trading restrictions.

Cause 2: Insufficient Liquidity

If a token’s trading pair has insufficient liquidity, it may not be able to be sold.
Solution: Try selling the token from another trading pair or a decentralized exchange.

Reason 3: Tokens are paired with other tokens

Some tokens are paired with another token, like USDT or BUSD, to provide liquidity.
Solution: Trade the token with the paired token and then sell the paired token.

Reason 4: Slippage is too high

Slippage refers to the difference between the transaction execution price and the expected price. Slippage can be high when trading volumes are high or liquidity is low.
Solution: Set the trading volume to a smaller size, or wait for the market to stabilize before trying to sell.

Cause 5: Wallet connection issue

If your wallet is not properly connected to Pancakeswap, it may result in an inability to sell tokens.
Solution: Reconnect your wallet and make sure it is unlocked before trading.

Reason 6: Smart Contract Error

Some tokens may have errors in their smart contracts that prevent them from being sold.
Solution: Contact the project side of the token or wait for the issue to be resolved.

Reason 7: Token is marked as malicious

If a token is marked as malicious by Pancakeswap, its trading may be restricted.
Solution: Contact Pancakeswap customer service for further guidance.

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