Cryptocurrency Q&A
What does "not enough liquidity for this asset pair" mean on Coinbase Wallet?
What does "not enough liquidity for this asset pair" mean on Coinbase Wallet?
Margherita
Wed Nov 27 2024
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7 answers
1674
I'm trying to understand a message I received on Coinbase Wallet. It says "not enough liquidity for this asset pair". What does this mean in terms of my assets and trading?
7 answers
KpopStarletShineBrightness
Fri Nov 29 2024
The reason for receiving this error is related to the liquidity of the asset you are attempting to trade.
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SamsungShiningStar
Fri Nov 29 2024
Liquidity refers to the ease of converting an asset into cash or another asset without significantly affecting its market price.
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Federico
Fri Nov 29 2024
In the case of decentralized exchanges (DEXs), liquidity is crucial for facilitating smooth and timely trades.
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Silvia
Fri Nov 29 2024
When an asset has low liquidity, it becomes challenging for a DEX to find a suitable counterparty to match your trade order.
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BlockchainLegendary
Thu Nov 28 2024
This can lead to delays or even the failure of your trade to be completed.
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