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FinneysTrueVision

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Quote from: adamantasaurus on November 11, 2021, 05:13:53 AM

what are you talking about? the fees on bsc are still extremely cheap something like .13 to send or interact with a contract. If you're talking about the liquiditiy provider fees then those can fluctuate a bit but not much. but that is the price you pay for security and not having to send your coins to a cex.

Fees have not been $0.13 for contract interactions in a long time. If you are trading on a DEX it can be close to $1. If you are staking on a DEX it is over $1. The most I've paid recently was over $3 for doing transactions on Alpaca Finance.

NelfiNovita

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Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

You can view liquidity statistics to see the fees that must be needed to make transactions, if you want transactions to be processed quickly, you just have to increase the fees.
I think the transaction fees on BSC and PancakeSwap are not expensive if you are a trader then you know where to transact cheaper.

lepbagong

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Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

actually this is the same as the ethereum platform, if the coin has increased then it is certain that it will be affected by the exchange. a reasonable thing to do because the cost is calculated with the supporting coins. currently binance is still relatively cheap and acceptable and will likely happen to binance if BNB has increased high.

Quote from: ?? on ??

All transaction fees will tend to go up every time the main coin has increased like BNB, so that's a very common thing I think and in terms of calculating the problem of how Fees are applied in Pancakeswap, so far I personally haven't done any research on it either.

Yes, I agree with your opinion. because if we reflect on ethereum it's also like BNB now, because the binance exchange will measure payments with BNB when BNB is high automatically binance will also apply fees that are adjusted to the BNB coin. this will apply on any platform and the reasonable thing will be done by it.
we cannot avoid the reality that may occur with other platforms.

gwdf1

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Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

You can apply slippage tolerance in settings, but this option doesn't influence on fees. Slippage tolerance means that the token that you want to buy is very volatile and while your transaction will be pending, it can change its price. Fees that you agree to pay you apply on your Metamask or any other wallet that you use to connect to PancakeSwap.

zasad@

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Quote from: PercT4b on November 11, 2021, 07:14:34 AM

Quote from: RussianEnglishTranslation on November 11, 2021, 05:35:07 AM

Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

Slippage is for pools with a lower amount of liquidity or tokens with transaction taxes on them. If Pancake is too difficult to understand, try Ref Finance, it doesn't require metamask.

I have another question, regarding price impact.

So, price impact is linked with total liquidity available, and it is indicated with a number shown beside other infos about fees, so, that number is indicated with four different colors (green, white, yellow and red, depending on how much liquidity is available), my question is, Pancakeswap is gonna reject every transaction I do when that number (price impact number) is colored with red?

I know it could seem like a strange question but it is very important to me.

I do not trade on Pancakeswap but I think the principle is the same with uniswap.
Look at the exchange settings. Slippage tolerance is set there by default. If this value is increased, the exchange operation will be rejected.
Depending on the liquidity on the pool, you will set the desired value or exchange coins in parts.

PercT4b

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Quote from: RussianEnglishTranslation on November 11, 2021, 05:35:07 AM

Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

Slippage is for pools with a lower amount of liquidity or tokens with transaction taxes on them. If Pancake is too difficult to understand, try Ref Finance, it doesn't require metamask.

I have another question, regarding price impact.

So, price impact is linked with total liquidity available, and it is indicated with a number shown beside other infos about fees, so, that number is indicated with four different colors (green, white, yellow and red, depending on how much liquidity is available), my question is, Pancakeswap is gonna reject every transaction I do when that number (price impact number) is colored with red?

I know it could seem like a strange question but it is very important to me.

zasad@

legendary

Activity: 1736

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Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

slippage depends on the liquidity in the pool. If the pool has little liquidity, then you will exchange your coins at a less favorable rate.
Commissions do not affect slippage. Of course, if 2 people simultaneously perform the same operation in the same pool, then the one who set a large commission will have a more profitable rate.
Before exchanging to the pool, see the statistics on liquidity.

RussianEnglishTranslation

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Quote from: PercT4b on November 11, 2021, 04:59:32 AM

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

Slippage is for pools with a lower amount of liquidity or tokens with transaction taxes on them. If Pancake is too difficult to understand, try Ref Finance, it doesn't require metamask.

adamantasaurus

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Activity: 700

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what are you talking about? the fees on bsc are still extremely cheap something like .13 to send or interact with a contract. If you're talking about the liquiditiy provider fees then those can fluctuate a bit but not much. but that is the price you pay for security and not having to send your coins to a cex.

PercT4b

member

Activity: 97

Merit: 10

I'm starting to notice that fees are rising even on the BSC, but what I can't understand is how PancakeSwap fees are calculated and how (if it does) slippage tolerance could affect the amount of fees I have to pay for each transaction (where do I have to apply the slippage percentage shown in order to exactly calculate the total spendig).

Topic: PancakeSwap (Read 111 times)