Are you getting the ‘insufficient liquidity for this trade’ error while swapping tokens on PancakeSwap?
If your answer is YES and you are looking for a possible solution then look no further as we have got you covered.
There are plenty of people who have recently been having ‘insufficient liquidity for this trade’ on PancakeSwap and Uniswap.
If you too are one of them then don’t worry, we have a guide explaining multiple ways to fix it in 2023.
Before we explain multiple ways to fix the insufficient liquidity error, let’s find out the reason that causes this issue on PancakeSwap and Uniswap.
Without any further ado, let’s get started:
What Causes Insufficient Liquidity For This Trade Error?
There could be multiple reasons that lead to insufficient liquidity for this trade error.
After researching a bit about this error, we discovered two main reasons that could trigger this error on PancakeSwap and Uniswap.
Reason 1: If you are having this issue on PancakeSwap, there are chances that you are using the old version of the exchange to trade or swap your coins.
The majority of users who are getting insufficient liquidity for this trade error are using Version 1 of PancakeSwap.
Since PancakeSwap has been migrated from V1 to V2, you are most likely to encounter this error while trading or swapping on the PancakeSwap exchange.
Reason 2: The majority of errors users face on PancakeSwap are linked with slippage intolerance.
Whenever you encounter insufficient liquidity for this trade error, make sure to set Slippage Tolerance to 12% or higher depending on the coins you are swapping.
Also Read >> PANCAKESWAP ‘NO PROVIDER WAS FOUND ERROR’ FIX
How to Fix The Insufficient Liquidity For This Trade Error?
There are multiple methods that can be used to fix this issue on PancakeSwap and Uniswap.
To know what these methods are and how they work, you will have to keep reading this guide.
Solution 1: Switch To PancakeSwap V1
As we mentioned above, the majority of PancakeSwap users are using the latest (V2) version of it to trade and swap.
If you too are using PancakeSwap V2 and getting this insufficient liquidity error then the coin or token that you are trying to swap on PancakeSwap is not V2 supported.
To fix this issue, you will have to switch to the older version of PancakeSwap.
Here’s how you can switch to an older version of PancakeSwap:
- Open PancakeSwap exchange.
- On the main page of PancakeSwap, you will find an option V1 (Old) below the Connect Wallet button.
- When you click V1 (Old), a window will appear on the screen informing you that there could be a price difference and you are most likely to experience the slippage between V1 and V2.
- To switch to V1 (Old), you will have to click on the ‘Continue to V1 anyway’.
- Once switched, now try to swap tokens and check if the error is fixed.
- That’s it.
Solution 2: Set Higher Slippage Intolerance
Slippage Intolerance plays a pivotal role in swapping tokens on PancakeSwap.
If you don’t have a correct Slippage Intolerance set, you would not be able to Swap tokens on this exchange.
To swap tokens on PancakeSwap, make sure your slippage intolerance is set to 12%.
Sometimes, you might need to set it to 20% depending on the coin you are swapping.
If you are getting insufficient liquidity for this trade error, set slippage intolerance to 12% and see if the error remains.
To set slippage intolerance to 12%, click on the Settings icon (Gear) located next to the Swap option.
When you do so, a new window will appear on the screen.
There, you will have to type 12.00 as shown in the above picture.
Once set, click on the close (x) option and swap the desired token.
Also Read >> INSUFFICIENT OUTPUT AMOUNT ON PANCAKESWAP ERROR FIX
Solution 3: Check Server Outage
If none of the above-mentioned methods fixed the insufficient liquidity for this trade error, there are chances that the servers of PancakeSwap or Uniswap are down.
To check the server status of PancakeSwap or Uniswap, you will have to visit a website called Downforeveryoneorjustme.com.
Once you are on the website, you will have to search for PancakeSwap or Uniswap.
You can check out their server status by clicking on the following links:
When you click on the above links, you will be redirected to the website where you will be able to check whether the servers of these exchanges are up or down.
If servers of PancakeSwap or Uniswap are down, you would not be able to swap or trade tokens.
All you need to do is wait until their servers are UP.
That’s everything you need to know about how to fix the ‘insufficient liquidity for this trade error.