How to sell token? Pancake swap liquidity?

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: wsxdrfv on August 19, 2024, 08:08:41 AM

For example, if I set the price as 100,000 token X = 1 Ethereum, and I want to sell 1,000,000 of X, do I have to provide 10 Ethereum as liquidity along with that amount of token X?

Yes because you need to provide equal liquidity for both tokens to pair it. You seem like doesn’t have any idea how DEX and staking on liquidity pool works. You should watch tutorials about this on youtube to make everything clear because there’s a lot of guide video on youtube.

Quote

Then, will other people be able to buy 10 Ethereum worth of X tokens?

Yes, that’s your max volume so all the tokens will convert to Ethereum if traders already consume your liquidity but this will not happened since the price impact will be huge before someone can deplete the pool liquidity.

Quote

Then, will the Ethereum that other people bought come back to me?

You are confusing, you are the owner of the token which means before other people have your tokens they pay it first to you through buying on your pair except if you do airdrop. So they can sell their tokens to get your ETH stake on the pool.

Quote

What happens to the 10 Ethereum that I provided in the first place?
Are they out of my hands forever?

Your ETH will be converted with X tokens if user trade their X to ETH. Again people needs to purchased first your X token before they can trade it back to ETH which means your both X and ETH tokens will be the same at the end and just earn trading fee.

wsxdrfv

jr. member

Activity: 413

Merit: 5

Quote from: Coin_trader on August 18, 2024, 06:02:57 AM

It depends on what user will use to purchase, for example if he purchase your token using his Ethereum he will get your tokens on the starting price you set and slippage based on the liquidity and the total purchase.

You will get the trading fee on each transaction made on your token pair while the DEX bot will automatically balance both your asset based on each value. You should learn how impermanent loss since you will suffer from it in exchange from the trading fee you are earning.

So no one can buy or sell more than the amount I provided liquidity for?

So if I provided 1000 tokens X, 0.01 ETH, can only that amount be traded by a third party?

Do I need to provide more liquidity for more trades?

And does it make sense to provide liquidity to other dex exchanges?
Because the traders are different with each other dex exchanges?

The token I am talking now is this token, INNRT
https://etherscan.io/token/0x1bB4352ED31A820b0f47fFD38D88BAd763203F7e

I provided a small amount of liquidity on SushiSwap as a test.
https://portfolio.metamask.io/networks/1/transactions/0x5985e3d4d4651f572667b16834ff6b46151170959979f00641353ce8f26d4f8a

wsxdrfv

jr. member

Activity: 413

Merit: 5

Quote from: Adbitco on August 18, 2024, 11:44:00 AM

Creating liquidity you need to have both pair readily available on your wallet, maybe I don't know if pancake do have a specific amount to provide before people could trade your token on it but, I am pretty sure that you ethereum in your wallet to enable those who wants to sell your token trade to ethereum as same time permits people to buy as well.

So, if I want other people to buy my token X with Ethereum, do I have to put that much Ethereum on the exchange?

For example, if I set the price as 100,000 token X = 1 Ethereum, and I want to sell 1,000,000 of X, do I have to provide 10 Ethereum as liquidity along with that amount of token X?

Then, will other people be able to buy 10 Ethereum worth of X tokens?

Then, will the Ethereum that other people bought come back to me?

What happens to the 10 Ethereum that I provided in the first place?
Are they out of my hands forever?

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Creating liquidity you need to have both pair readily available on your wallet, maybe I don't know if pancake do have a specific amount to provide before people could trade your token on it but, I am pretty sure that you ethereum in your wallet to enable those who wants to sell your token trade to ethereum as same time permits people to buy as well.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: wsxdrfv on August 18, 2024, 02:15:20 AM

Quote from: Coin_trader on August 17, 2024, 07:59:18 PM

Quote from: wsxdrfv on August 17, 2024, 07:17:08 PM

I can't understand from here. Why it requires I have ethereum balance too?

You need Ethereum because you probably choose a pair of Ethereum with your token but you can pair your own token to any tokens with value.

For example:

Let’s assume your token ticker is X while you want to pair it with ETH.
You will need same amount of ETH to your own token to create ETH-X token pair.

Traders can either buy your X token with ETH or sell your X token and get ETH in return.

Quote

Is there no way just listing and sell my token only?

No, You are creating a trading pair on DEX which means you are obligated to pair your token with other token because you need to supply the initial liquidity for user to buy and sell on your pair.

You are looking for IDO or ICO if you want to sell your token without paring it to any token. You can use pinksale and other launchpad to do that.

I set my token X 100,000 and set this initial price as 1 ethereum.

And added liquidity as 1,000 token X and 0.01 eth.

Then what happen? Other trader if buy this pair, then what he get? both? Then what I get?

Still I can't understand how pair added liquidity works.

And pancakeswap asked me that how much token it can use from my token wallet.

What that means? If I set as 100,000,000 token, then pancakeswap's traders can buy that much token from me at a price I set initially?

It depends on what user will use to purchase, for example if he purchase your token using his Ethereum he will get your tokens on the starting price you set and slippage based on the liquidity and the total purchase.

You will get the trading fee on each transaction made on your token pair while the DEX bot will automatically balance both your asset based on each value. You should learn how impermanent loss since you will suffer from it in exchange from the trading fee you are earning.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Bro you can check videos here I found from youtube https://www.youtube.com/watch?v=04JN8J50kKw

I mean there is bunch of tutorial out there including from the pancakeswap itself https://docs.pancakeswap.finance/ Tho the key element for swaping is you need metamask and the gas fee from the chain and make sure your token is listed on coingecko it means the contract address should be same too.

wsxdrfv

jr. member

Activity: 413

Merit: 5

Quote from: Coin_trader on August 17, 2024, 07:59:18 PM

Quote from: wsxdrfv on August 17, 2024, 07:17:08 PM

I can't understand from here. Why it requires I have ethereum balance too?

You need Ethereum because you probably choose a pair of Ethereum with your token but you can pair your own token to any tokens with value.

For example:

Let’s assume your token ticker is X while you want to pair it with ETH.
You will need same amount of ETH to your own token to create ETH-X token pair.

Traders can either buy your X token with ETH or sell your X token and get ETH in return.

Quote

Is there no way just listing and sell my token only?

No, You are creating a trading pair on DEX which means you are obligated to pair your token with other token because you need to supply the initial liquidity for user to buy and sell on your pair.

You are looking for IDO or ICO if you want to sell your token without paring it to any token. You can use pinksale and other launchpad to do that.

I set my token X 100,000 and set this initial price as 1 ethereum.

And added liquidity as 1,000 token X and 0.01 eth.

Then what happen? Other trader if buy this pair, then what he get? both? Then what I get?

Still I can't understand how pair added liquidity works.

And pancakeswap asked me that how much token it can use from my token wallet.

What that means? If I set as 100,000,000 token, then pancakeswap's traders can buy that much token from me at a price I set initially?

wsxdrfv

jr. member

Activity: 413

Merit: 5

Yes, I think I misunderstood something about dex exchanges.

I created an Ethereum-based token and wanted to sell it as an ICO.

I thought that can possible at a dex exchange.

But it turns out that a dex exchange is just a place to sell 2 tokens that are paired.

AVE5

full member

Activity: 350

Merit: 128

Quote from: wsxdrfv on August 17, 2024, 07:17:08 PM

So I set small number ethereum, my token and launch liquidity.

What will happen now?

I can't understand from here. Why it requires I have ethereum balance too?

Is there no way just listing and sell my token only?

Sorry it's unfortunate that tokens has to be listed in an exchange for trades to other affiliated cryptocoins before they can be sold out.
So if you've your pancake token or whatever swapped to ethereum where it's ready for sell, then your token being exchanged balance would ethereum.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

if you're adding liquidity or becoming liquidity provider it will requires you to supply two sided liquidity simple as that. however, your question isn't really clear though.

if you ask why it requires ETH as well, it's to determine the price, how can a dex determine the price if the pair only have the token as liquidity? I think you should learn about how these dex works through their documentation.

MAAManda

hero member

Activity: 1652

Merit: 772

Take a look at my merits, It's lucky number

Can you make your statement and question clearer? Honestly, I can't understand it properly. From my understanding, here you have tokens from your own project, and you want to list it on Pancakeswap, but you're confused about how to list it, is it like that?

Then, Pancakeswap is known as a DEX that runs many projects from the BSC network, wouldn't it be better to list it as a token on the BSC network?

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: wsxdrfv on August 17, 2024, 07:17:08 PM

I can't understand from here. Why it requires I have ethereum balance too?

You need Ethereum because you probably choose a pair of Ethereum with your token but you can pair your own token to any tokens with value.

For example:

Let’s assume your token ticker is X while you want to pair it with ETH.
You will need same amount of ETH to your own token to create ETH-X token pair.

Traders can either buy your X token with ETH or sell your X token and get ETH in return.

Quote

Is there no way just listing and sell my token only?

No, You are creating a trading pair on DEX which means you are obligated to pair your token with other token because you need to supply the initial liquidity for user to buy and sell on your pair.

You are looking for IDO or ICO if you want to sell your token without paring it to any token. You can use pinksale and other launchpad to do that.

wsxdrfv

jr. member

Activity: 413

Merit: 5

Hi.

How to list and sell own token at decentralized exchange like pancake?

I go pancake and add liquidity, it requires pairing, so I paired ethereum, my token.

But both coin quantity requires I should have both coin balance in my wallet.

So I set small number ethereum, my token and launch liquidity.

What will happen now?

I can't understand from here. Why it requires I have ethereum balance too?

Is there no way just listing and sell my token only?

Topic: How to sell token? Pancake swap liquidity? (Read 108 times)