Do you have a PancakeSwap error message that reads “Insufficient Output Amount?”
The full error message is as follows: “The transaction cannot succeed owing to error: PancakeRouter: INSUFFICIENT OUTPUT AMOUNT.” This is most likely an issue with one of the tokens you are exchanging,” it continued. This is a common problem that comes up when users try to trade tokens on PancakeSwap.
Until the problem is fixed, they can’t exchange tokens. In a fortunate turn of events, there are only two simple procedures required to correct the mistake.
The causes of and solutions to the “Insufficient Output Amount” error message on PancakeSwap are detailed here.
- Why am I getting an “Insufficient Output Amount” error on PancakeSwap?
- How to fix “Insufficient Output Amount” on PancakeSwap
Contents
Why am I getting an “Insufficient Output Amount” error on PancakeSwap?
If your tolerance for slippage is too low, PancakeSwap will give you an “Insufficient Output Amount” error. A large enough price change to cancel your purchase if your slippage tolerance is too low. A trader’s slippage tolerance indicates the highest percentage of price change they are willing to accept.
If your slippage tolerance is set to 5%, for instance, your order will be canceled if the market price changes by more than 5%. Because of their high degree of volatility, cryptocurrencies require a mechanism that can tolerate slippage.
You’d have to trade tokens at market price if slippage tolerance wasn’t present. However, your order may not be executed if you have a low slippage tolerance. PancakeSwap has an extremely low default slippage tolerance of 0.8%.
PancakeSwap claims that one of the tokens you’re exchanging is to blame for the “Insufficient Output Amount” problem. The inaccuracy is typically due to the slippage tolerance.
How to fix “Insufficient Output Amount” on PancakeSwap
PancakeSwap users who are experiencing “Insufficient Output Amount” errors can increase their slippage tolerance to 12% to resolve the issue. Token swaps will go smoothly if your slippage tolerance has been raised to 12%.
Do not forget that 12% is merely a guideline to work towards. Increasing your slippage tolerance by 1% increments is strongly advised when you see the “Insufficient Output Amount” message on PancakeSwap.
If you keep getting the “Insufficient Output Amount” warning, you could try raising your slippage tolerance by 1% each time it occurs. Don’t give up until you’ve successfully traded all of your tokens.
This is the most efficient method for exchanging tokens. Follow these instructions for a two-step solution to the “Insufficient Output Amount” problem on PancakeSwap:
1. Tap on the Settings icon on PancakeSwap
Launch PancakeSwap first. Then, decide which digital assets you wish to trade for others on the platform. To begin an exchange, click the “From” drop-down menu and choose the token you wish to use.
Pick the token you wish to exchange it for in the “To” area.
PancakeSwap permits a slippage tolerance of 0.8% by default. Tolerance for slippage of 0.8% is usually too low and will result in the order failing. To correct this, raise your “%” field slippage tolerance to 12.1 percent.
A “Your transaction may be frontrunner” error may then appear after you’ve done so. Disregard the warning, dismiss the window, and attempt to exchange the tokens once more. At this point, you shouldn’t encounter any problems when attempting to trade tokens on PancakeSwap.
When you obtain the “Insufficient Output Amount” message, you have the option of increasing your slippage tolerance by 1%. This is the most efficient method for exchanging tokens. You have now corrected PancakeSwap’s “Insufficient Output Amount.”
Conclusion
On PancakeSwap, the “Insufficient Output Amount” error occurs frequently. It is noted in the article that a lack of slippage tolerance is the primary cause of the problem. There is no one-size-fits-all solution to the problem of slippage; rather, there are several variables to think about.
When selecting a choice, there are many factors to think about, including price volatility, liquidity, and more. Slippage can be increased to infinity if you’re fine with exchanging your tokens at a significant discount.
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