Imagine that you are trying to swap tokens, and you experience a “Insufficient Output Amount” on PancakeSwap error.
The transaction cannot succeed due to error: PancakeRouter: Insufficient_output_amount.
Users of decentralized exchanges know that concepts like slippage tolerance, and liquidity must be taken into account with their transactions.
In this case, we are talking about an issue that is going to prevent you from swapping tokens, and before you get too worried, this is a common message on a lot of decentralized exchanges out there, especially PancakeSwap users.
Therefore, there’s no reason for you to worry.
We know the reasons why this PancakeSwap error occurs, and we are going to offer you a few simple solutions that you going to try to resolve it.
Continue reading if you want to work out how to resolve insufficient output amount on PancakeSwap, and you also want to be able to understand the meaning of ‘insufficient output amount’, as well as basic solutions that have been proven to work in the industry.
What Does ‘insufficient output amount’ on PancakeSwap Mean?
The ‘insufficient output amount’ error message means that the movement and price slip for a token are too high, and the decentralized platform fails to complete the swap.
The thing about the decentralized cryptocurrency market is that it is pretty volatile, which means that registering a transaction is a lengthy process as a result of huge changes in a token’s price impact.
As a result, these massive price fluctuations need to be considered in order to find a proper solution for this error message.
Swapping Tokens with PancakeSwap
The good news is that you are definitely not alone, because there are a lot of users on PancakeSwap that have already experienced the same error message.
If the price movement of a token goes above the expected percentage by the exchange, then this is going to trigger that ‘insufficient output amount’ error.
The output of the operation represents the final amount of assets that have been received by the user, and this is calculated based on values of both the token that has been traded, and the one that is going to be received.
If there isn’t sufficient liquidity in the token’s liquidity pool, then this error is going to block the transaction from occurring.
How to Fix “insufficient output Amount” on Pancakeswap
The good news is that there are a couple of ways to solve this error on PancakeSwap.
Some users out there have started to try other solutions, such as connecting to a different Internet connection, but the reality is that these aren’t as efficient as the ones that we’re going to talk about.
Remember that it’s really important to perform your own research before investing your money in any type of exchange.
Here are a couple of ways that you can fix this error on PancakeSwap.
Reduce How Much You Want to Trade
The first solution that we have for this error message consists of reducing the number of tokens that you are wanting to get.
The majority of decentralized tokens can be bought for a very low price.
As a result, you can attempt to invest small amounts with fewer decimal places until you get the number of tokens that you are looking for.
If you don’t really like the sound of this, because you will need to repeat the operation a few times, then try the next solution.
Increase Price Slippage Tolerance
The second solution helps solve the ‘insufficient output amount’ error message by changing the outcome of the operation.
In this case, your slippage tolerance is going to be really low, sitting around 1%, which is going to directly affect the platform’s capability of performing the swap.
As a result, you can fix the error message on PancakeSwap by increasing slippage tolerance.
- The first thing that you’ll need to do is select the ‘settings’ icon. When you are on the swap screen select the ‘settings icon’. The slippage tolerance counters the price volatility of the token, which means that if you have a low slippage tolerance, the error is going to continue to appear.
- Slowly increase the price slippage tolerance. There are some users out there that say that immediately increasing the slippage tolerance to 12% is the right solution, but the reality is you need to be careful and gradual about how you increase the value. We recommend that you start with 6%, then 8%, and then 10% until it is completed.
Just remember that changing the slippage tolerance isn’t a game, you need to know what you’re doing beforehand before you change the settings of the platform.
Once you have been able to increase your slippage tolerance, you should be able to easily go through the process of swapping your tokens.
Still Can’t Buy or Sell on PancakeSwap?
The thing about PancakeSwap is that it is a decentralized exchange, which makes it easy for scam tokens to materialize out of nowhere.
The platform is automatically prepared to counter these situations, by showing error messages.
This is why it’s really important that you know what you’re doing before performing cryptocurrency transactions.
PancakeSwap has warned users about this issue in the past, so if you can’t complete a token transaction even after you’ve tried the two solutions we have talked about above, then you need to check in with the token, and see whether it is a scam or not.
Or you might just need to wait for its liquidity to increase.
FAQs
Can I Link MetaMask to PancakeSwap?
In order to be able to do this, you’ll need to use a Binance chain wallet.
Final Thoughts
The last thing that you want to have to deal with is an error message when you are trying to swap tokens on PancakeSwap.
However, the reality is that a lot of the time, these error messages appear for your safety and security, because there’s either a bug in the system, or you are using a scam token that is not going to make you any money in the future.
As you can see, we’ve got a couple of solutions that you’re going to be able to try when it comes to solving the “insufficient output amount” on PancakeSwap error message, but know that you can always get in touch with PancakeSwap directly as well if you have any concerns.