Post
Topic
Board Altcoin Discussion
Re: How to sell token? Pancake swap liquidity?
by
wsxdrfv
on 19/08/2024, 13:08:41 UTC
Creating liquidity you need to have both pair readily available on your wallet, maybe I don't know if pancake do have a specific amount to provide before people could trade your token on it but, I am pretty sure that you ethereum in your wallet to enable those who wants to sell your token trade to ethereum as same time permits people to buy as well.
So, if I want other people to buy my token X with Ethereum, do I have to put that much Ethereum on the exchange?

For example, if I set the price as 100,000 token X = 1 Ethereum, and I want to sell 1,000,000 of X, do I have to provide 10 Ethereum as liquidity along with that amount of token X?

Then, will other people be able to buy 10 Ethereum worth of X tokens?

Then, will the Ethereum that other people bought come back to me?

What happens to the 10 Ethereum that I provided in the first place?
Are they out of my hands forever?