WhatToFarm tool — the best way for selling unknown token
Many of us have own unknown tokens for years — but sooner or later, we want to sell ones. Trying to sell out, we often have a problem called slippage.
Slippage happens when a user has to settle for a different price than what they initially requested. This phenomenon can occur in all markets, but it is more frequent, and a lot worse, in crypto markets, especially on decentralized exchanges (Uniswap and etc.), due to the high levels of price volatility. In addition, common pain points that the vast majority of altcoins suffer from such as low volume and liquidity may also contribute to slippage.
For any user it is important to know where the biggest liquidity of a token is located to be sold at a better price. The more liquidity, the best price for selling your token.
How to find out where more liquidity is?
The best way to compare liquidity is to use the WhatToFarm tool. For example, we will show the one case on a Roll token below.
1. Open the WhatToFarm app and find the Roll token using the search bar.
2. Check pools of the Roll which are available in real time.
3. Compare their liquidity.
SushiSwap has the best liquidity for the Roll token!
4. Compare an address of contract of the Roll token. Must be the same address of contract.
5. Go on SushiSwap to sell the Roll token.
We sold the Roll token for the best price without slippage as there was a huge pool with a good liquidity in SushiSwap.
In this way, using the WhatToFarm tool, you can find where the biggest pool of token you need to sell for the best price.
