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Author Topic: Slippage Tax Disclosure  (Read 70 times)
yosatsu (OP)
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November 10, 2021, 02:40:41 PM
 #1

Hello, is there anywhere in the BscScan token contract address page an information about the slippage/transaction tax this token requires to buy or sell it?

I am interested in this, because I trade on PancakeSwap using Trust Wallet, but before I buy a coin, I want to know how much slippage % is required for the transaction to pass.

So far, the only way to find the transaction tax % is to check the website of the particular coin, but not all coins disclose this information on their website, so this method is not always practical.

There are hacks circulating on the internet showing how to avoid high % slippage, but from my personal experience they all do not work - I tested them all but eventually I end up being forced to swap with the minimum slippage % a particular coin requires, let's say 15%.

My explanation for being unable to use lower slippage is because the tax % is specified within the code of the coin and you cannot bypass the required minimum %, so this must be specified somewhere in the source code, but I am not able to find it.
_IRMAN
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November 10, 2021, 05:10:54 PM
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I want to know how much slippage % is required for the transaction to pass.
For tokens that already have large liquidity, usually a slipage of 0.5% is sufficient. High slipage is usually only used to swap shit tokens, if you are confused about how much slipage you need to use, you can use the poocoin.app platform
There you do not need to adjust the slipage, because the slipage will automatically adjust to what is needed.
FloridaKid
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November 10, 2021, 05:49:34 PM
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There is already a way to bypass this slippage shit when buying altcoins through pancake swap for example, assuming you plan to buy 2,345.78 Dogenion shitcoin just change the number to 2,000.00 you won't be charged with the slippage, I've done this several times already and it works

yosatsu (OP)
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November 12, 2021, 07:22:59 AM
 #4

Yes, I know PooCoin, but still haven't tried it.

One thing that concerns me is that I am not sure that this automatic slippage will adjust itself to a lower tolerance than the mandatory one specified for the particular coin. Have you tried yourself to see how it works, did you notice decrease in the slippage?

FloridaKid, yesterday I used max WBNB to buy more than 23k shit coins and then manually adjusted the number to 23 000.00
and then to 23 000.000, but both times the transaction was not fulfilled - only after I set the slippage to 12% it passed.

When I change the amount of coins I buy, WBNB gets automatically changed to a lower amount as well and I guess that the transaction slippage/tax is being calculated again, because WBNB amount has been changed, but this time the calculation is over the new amount of WBNB, so I am again in starting position of adjusting the amount of the coins I buy.

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