What is the recommended slippage tolerance for PancakeSwap transactions?

3 answers

• Dec 27, 2021 · 3 years ago
  The recommended slippage tolerance for PancakeSwap transactions is typically around 1-2%. This means that if the actual price of the token you are buying or selling deviates by more than 1-2% from the expected price, the transaction will fail. Setting a higher slippage tolerance may increase the chances of successful transactions, but it also increases the risk of getting a worse price. It's important to find a balance that suits your trading strategy and risk tolerance.
  475238
• Dec 27, 2021 · 3 years ago
  When it comes to slippage tolerance on PancakeSwap, it really depends on the volatility of the token you are trading. For more stable and liquid tokens, a lower slippage tolerance of around 0.5-1% may be sufficient. However, for highly volatile tokens, it's recommended to set a higher slippage tolerance of 2-3% to avoid failed transactions. Keep in mind that setting a higher slippage tolerance also means you may get a worse price, so it's important to consider your risk appetite and trading goals.
  502168
• Dec 27, 2021 · 3 years ago
  According to BYDFi, a popular decentralized exchange aggregator, the recommended slippage tolerance for PancakeSwap transactions is around 1-2%. This ensures a higher chance of successful transactions while still minimizing the risk of getting a significantly worse price. However, it's important to note that the optimal slippage tolerance may vary depending on market conditions and the specific token being traded. It's always a good idea to monitor the market and adjust your slippage tolerance accordingly.
  511128