This transaction cannot succeed due to error cannot estimate gas

Let me guess…

So you have decided to buy an unknown cryptocurrency that was just created. You pumped it and then… When it’s time to sell… It doesn’t sell.

Here are a few reasons why this may be happening and how to fix the Pancakeswap error.

What does the Pancakeswap manual gas limit actually mean? 

It means that you 

Here are a few ways you can fix the pancakeswap error  “The transaction cannot succeed due to error: cannot estimate gas; transaction may fail or may require manual gas limit.”

Solution #1: Increse Slippage Tolerance to 12%

Slippage Tolerance on Pancakeswap refers to the ratio between:

expected price of a trade : price needed to execute the trade

How to increase slippage tolerance on pancekaswap?

1. Click on Setting on the Trading dialog window
2. Look for slippage tolerance and write 12%
3. Try again with the trade

Solution #2: Change the amount you want to trade

Another thing you can try out to fix is to change the amount you’re trying to trade.

For example:

If you have 3290.913078745 as max in your wallet, try to change that number to 

3290.000 or 3290.123 

if this doesn’t work out, try to trade smaller amount at a a time

800.000

Solution #3: increase your gas limit on pancakeswap

1. Go to settings
2. Set Default Transaction speed (GWEI) to Fast or Instant.

What’s transaction speed on pancakeswap?

Transaction speed is how fast your transaction can be validated and speed up. If you decide to pay extra to the platform, your transaction MAY have higher chances of suceeding. Higher GWEI = higher speed = higher fees.

What’s gas fee and gas limit on Pancakeswap?

Gas fee is the fee that you’re paying pancakeswap for validating your transaction. Its default rate is about 0.25% of the amount that you’re trading.

If too many people are trading, you have to increase your gas limit to buy first. This means to pay higher fee to Pancakeswap for the transaction.

What’s the reason for “The transaction cannot succeed due to error: cannot estimate gas; transaction may fail or may require manual gas limit”?

There are a lot of reasons why your transaction cannot succeed due to gas limit on Pancakeswap. Here are some of the most popular reasons:

1. Too many pending transactions – everyone is trying to sell at the same time as you. You have to keep trying until your price is validated.
2. You bought a shitcoin and you have been scammed. You most probably won’t be able to sell it. Sorry, but it happens to even the best of us.

Pancakeswapp error: This swap has a price impact of at least 10%. Please type the word “confirm” to continue with this swap.

If you’re trying to resolve the issue, you may also meet this problem too.

Did I get scammed with high fees?

If you’re still having problems getting your money back, here’s what most probably had happened:

Let’s say you have been invited to a “pump and dump” group. Everybody was buying this new cryptocurrency that was just made. You recieve signals: Buy, buy, buy. 

And when it’s time to sell…

Nobody can sell.

unfortunately, you have been scammed with a classic “rug pull”.

That’s a sceneraio where you are invited to buy a new cryptocurrency developed by the ones who invited you in the first place.

Then, when it’s time to sell, everyone can’t sell.

You can check out the trading history on platforms such as Dextools

If nobody is selling, then it’s most probably because they can’t sell.

The developers probably have created a new crypto, pumped gas fees so that you’re not able to sell, and then, abandoned the crypto and got your money.

How to recognize cryptocurrency scams

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