Hello,
I made my first experience with metamask and pancakeswap some weeks ago buying a new listed token. Unfortunately I missed the presale, where I could have bought to more favourable conditions.
At the launch moment I had everything prepared: metamask was connected to pancakeswap, the custom token was already added by contract address, slippage was adjusted to an even higher amount than proposed by the community (=telegram group). When I clicked on "swap" a window with an error message appeared. Unfortunately I don't remember the error, nor did I take a screenshot. However, two minutes earlier I bought some cake token to ensure everthing working smoothly. This transaction worked fine.
I tried several times, but the error message stayed the same. Only after five to six minutes after token launch the transaction went through.
I assume the system was overloaded by the high number of swap requests, so it was kind of luck if youre transaction was proceeded within the first minutes.
My question: is this a realistic explanation for the behaviour of pancake swap? Or was it just the slipping being to low?
Best regards
Alex
If your slippage is so low expect to encounter error upon buying new token listed since for sure many supporters of that token waiting their chance to buy on its launch so to increase the chance to make your transaction success higher up your slippage to what pcs recommends so that your set order will push through.
