How To Fix Insufficient Output Amount PancakeSwap Error?
By reading the article “Insufficient Output Amount PancakeSwap Solution ” published in Adaas Investment Magazine, you will get acquainted with How to solve insufficient output amount error in PancakeSwap. This level of familiarity can be enough for you to complete your transactions in the PancakeSwap DEX.
Table of Contents
How to solve Insufficient Output Amount error on PancakeSwap
Insufficient Output Amount is an error that some decentralized exchange users, especially PancakeSwap users, encounter during some transactions, which causes their transactions to fail.
There are very simple solutions to fix the Insufficient Output Amount error in decentralized exchanges, and in the following, we have explained the best methods for solving this problem.
Increased price slippage tolerance, the simplest solution.
Sometimes, due to excessive price fluctuations and the lengthy process of registering a buy or sell transaction in decentralized exchanges, an increase in price slippage tolerance helps to complete the transaction. To do this, according to the image below, we click on the gear symbol in Pancake Swap Exchange, then change the price slip to at least 10% and confirm it.
If the same error is observed by changing the price slip to 10%, this change coefficient should be increased and the transaction should be attempted again. It is then observed that the transaction is done easily.
Reduce The Amount Of Trade
Sometimes some cryptocurrencies can be bought in very small amounts of dollars because of their very low price. To solve this problem, we can reduce the number of assets we intend to trade and buy or sell the desired amount in a few transactions.
Other Basis Solutions
Other solutions, such as using high-speed Internet, using another mobile phone or another laptop, and even changing browsers application can sometimes solve the problem of Insufficient Output Amount. You can also share the solutions you have experienced in the comments section so that users can access their answers faster.
Also, the practical information that has been published for you below will make you more aware of the nature of this error.
What is Output in the pancakeSwap?
In decentralized exchanges such as Pancake Swap, the output is visible when swapping tokens in the second part and receiving tokens. This field changes by entering the amount of the first token to be swapped with the second token and changing the price of the tokens.
Simply put, the output represents the amount of assets that the user is to receive at the end of the swap process and is a function of the prices of both the token and the amount of the first token.
Top 3 decentralized exchanges
UniSwap
Uniswap is the biggest DEX among others. Users can swap and yield farming through the Ethereum network.
PancakeSwap
This platform allows users to buy and sell tokens based on Binance Blockchain. Users can use other features of decentralized finance as the same as UniSwap.
SushiSwap
SushiSwap is a Uniswap fork built with the idea of providing better services of decentralized finance to its users.
The end words
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FAQ
What is the Insufficient Output Amount Error?
Insufficient Output Amount is an error that some decentralized exchange users, especially PancakeSwap users, encounter during some transactions, which causes their transactions to fail.
How to Solve Insufficient Output Amount Error?
In simple put, users should increase the slippage tolerance to at least 10% and try the transaction again.
I had to increase my slippage to 20% in order to go through.