Are you getting an “Insufficient Liquidity For This Trade” error on PancakeSwap?
Many users are experiencing this issue on the exchange when they are trying to swap tokens.
This issue also occurs on other decentralized exchanges like Uniswap.
If you’re trying to swap a token on PancakeSwap V2, it’s likely that you’ll face the “Insufficient Liquidity For This Trade” error.
The error will occur less or not at all the old version of the exchange.
In this guide, you’ll learn why does PancakeSwap keep saying “Insufficient Liquidity For This Trade”, and how to fix it.
- Why does PancakeSwap keep saying “Insufficient Liquidity For This Trade”?
- How to fix “Insufficient Liquidity For This Trade” on PancakeSwap
- Alternative solutions
Why does PancakeSwap keep saying “Insufficient Liquidity For This Trade”?
PancakeSwap keep saying “Insufficient Liquidity For This Trade” because you’re using the newer version of the exchange.
The newer version of the exchange (V2) typically shows the “Insufficient Liquidity For This Trade” when you’re trying to swap for a token.
PancakeSwap has migrated from V1 to V2 on 25 April 2021.
Unfortunately, the migration from V1 to V2 has caused liquidity issues.
As a result, you may not be able to swap older tokens on PancakeSwap V2.
Another reason for the “Insufficient Liquidity For This Trade” error is because your slippage tolerance is too low.
When your slippage tolerance is too low, your order will not be executed because the price difference is too high.
How to fix “Insufficient Liquidity For This Trade” on PancakeSwap
To fix “Insufficient Liquidity For This Trade” on PancakeSwap, you need to use the V1 (old) exchange instead of V2.
Alternatively, you can try increasing your slippage tolerance to 12% or higher.
In most cases, you’re getting the “Insufficient Liquidity For This Trade” error on PancakeSwap because the token that you’re trying to swap does not support the V2 exchange.
If you’re swapping tokens that have updated their liquidity pool, the error will not occur.
PancakeSwap V2 is a newer version of the exchange.
As PancakeSwap migrated from V1 to V2, you may get an error when you’re trying to swap new tokens as V1 does not support them.
Here’s how you can fix “Insufficient Liquidity For This Trade” on PancakeSwap:
Method #1: Use the V1 (old) exchange
The first method to fix “Insufficient Liquidity For This Trade” on PancakeSwap is to use the V1 (old) exchange.
Firstly, open PancakeSwap and connect your wallet if you haven’t already.
At the bottom of the exchange, you’ll see a couple of versions including “V2” and “V1 (old)”.
“V2” is the latest version of PancakeSwap, while “V1” is the older version.
Tap on “V1 (old)” to switch the version of PancakeSwap to the older one.
After you’ve tapped on “V1” old, a pop-up message will open.
The pop-up message states that PancakeSwap V1 is no longer supported.
It also recommends you to go to the V2 Exchange instead for better prices.
At the bottom of the pop-up message, you’ll see a checkbox.
To proceed to use PancakeSwap V1, you need to understand that V1 is no longer supported, and you may experience significant slippage.
Tap on the checkbox to agree with the term.
Lastly, tap on “Continue to V1 Anyway”.
After you’ve tapped on “Continue to V1 Anyway”, PancakeSwap V1 will open.
This time, you should be able to swap your tokens without getting an “Insufficient Liquidity For This Trade” error.
Method #2: Increase your slippage tolerance
If you’re still getting the error message after switching the version of PancakeSwap to V1 (old), you can try increasing your slippage tolerance.
At times, you won’t be able to swap your tokens because your slippage tolerance is too high.
This is because your order will not be executed if the price difference is greater than your slippage tolerance.
To fix this, open PancakeSwap and tap on the Settings icon.
After you’ve tapped on the Settings icon, a settings pop-up will open.
On the settings pop-up, you’ll see three percentages that you can choose from, including “0.1%”, “0.5%”, and “1%”.
For new tokens, these slippage tolerances are too low.
To fix this, input “12%” on the percentage field.
After you’ve inputted “12%” on the percentage field, you’ll see an error message saying that your transaction may be frontrun.
Close the pop-up message and try swapping your tokens again.
This time, you should be able to swap your tokens without any errors.
Alternative solutions
If you’re still unable to fix the “Insufficient Liquidity For This Trade” error on PancakeSwap even after using the two methods above, there are a couple more methods that you can try.
Firstly, try switching your network.
For example, if you’re connected to Wi-Fi, try disconnecting from it and use your mobile network instead.
On the other hand, if you’re using your mobile network, try connecting to Wi-Fi instead.
This may help resolve the liquidity issue.
Additionally, if you’re using a VPN, try disconnecting from it.
The final method you can try is to wait it out.
At times, the error message is temporary, and it’ll eventually resolve itself after some time.
If you’re still having issues, then the error isn’t from your end or PancakeSwap’s, but the tokens that you’re trying to swap.
If that’s the case, you can try reaching out to the PancakeSwap Telegram group for answers (https://t.me/joinchat/T3eNhe_Cvi7rGW-_) or the token’s developer(s).
Further Reading
How to Fix “Insufficient Output Amount” on PancakeSwap
