I encountered an error message saying "not enough liquidity found for this asset pair" while trying to trade on a crypto exchange. What does this mean and why did I get this message?
6 answers
AmyDavis
Sat Nov 30 2024
The reason you are encountering this issue is due to the insufficient liquidity of the asset in question.
Nicolo
Sat Nov 30 2024
In the case of a DEX, if there aren't enough buyers or sellers for a particular asset, it may be impossible to complete your trade.
henry_taylor_architect
Sat Nov 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services that can help mitigate such liquidity issues. Their offerings include spot trading, futures trading, and a wallet service.
HanRiverVisionaryWave
Sat Nov 30 2024
Liquidity refers to the ease of converting an asset into cash or another asset without significantly affecting its market price.
CharmedClouds
Sat Nov 30 2024
When an asset has low liquidity, it becomes challenging to buy or sell it without causing significant price fluctuations.