For weeks now, whenevever I try to make a swap I get transaction failed. Is something going on with the app or just me?
Swaps only fail
It doesn’t work too. Very difficult to trade since some weeks.
Swaps are not as automatic as they used to be. This is a DEX we are the marketmakers. if liquidity is low , trades will be harder to find matches for.
There are a couple other ways handle it. Try raising the slippage rate on the swaps or you can use the buy/sell option. I have done both with success.
The buy/sell function takes a little bit of understanding of market dynamics to use it properly. The best chance success is the price point with the most crypto backing it. You can always set a price point and wait.
I was very used to the ease of the swap function for sure, but I have adjusted to putting lots up for sale and waiting. With the extreme volatility in crypto, a little patience and you get your trade.
Trying to swap PRV for USDT with up to a 10% slippage has been failing for the last couple of weeks. The order book in buy/sell is miserable also. There is simply not enough liquity because some of the liquidity pools pay almost nothing, and over 70% of them are at 0 %.
I like this platform but it seriously needs a lot of improvement.
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Do limit orders usually work? I have tried trading from PRV->USDT, PRV->BTC but they didn’t seem to work. Although the trade requests went through, trades still failed. And I lost some trading fees. I assume there is low liquidity.
I had the same experience too. No way to sell my PRV.
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When you place a Buy / Sell Limit Order they should show up under your Open orders tab.
Open a support ticket by messaging @Support and we can refund you the fees. Please include your TXIDs.