Are you getting a “No quote available” error on MetaMask?
Here’s the full error message, “Try adjusting the quantity or slippage settings and try again.”
The error message prevents you from exchanging the token pair you selected.
As a result, you will not be able to cash out your tokens.
For example, if you are replacing BNB with CAKE, you may receive the error “No quote available”.
Table of Contents:
What does “No quote available” mean on MetaMask?
“No quote available” on MetaMask means that there is no match for your swap request on the exchanges used by MetaMask Swaps.
This is because there is not enough liquidity for the execution of the trade.
When the market is low in liquidity, its volatility increases.
This causes spikes in token prices.
If your maximum slippage is too low, abrupt changes in token prices will prevent the swap from executing.
As a result, you will receive the error “No quote” available.
On the other hand, if there are high levels of liquidity, there will be fewer price fluctuations.
This will make it easier to execute the trade.
How to Fix “No Quote Available” Meaning on MetaMask
To correct “No quote” available on MetaMask, you need to increase the maximum slip in increments.
Start with a maximum slip of 3%, then increase it to 4% and 5%, respectively.
This will ensure that you get the maximum value for the token pairs you are trading.
Maximum slippage is the maximum percentage of price movement that you can accept.
If the price movement is higher than the maximum slippage, the swap will fail.
So, increasing the maximum slip will increase the likelihood that the swap will be successful.
However, if your maximum slippage is too high, you may get much more or much less of the token than you expect.
That said, increasing the maximum slip in increments is the best way to proceed.
Method 1: Increase maximum slip
The first method to fix the “No quote available” error on MetaMask is to increase the maximum slippage.
First, open MetaMask, tap on “Swap” and select the token pairs you want to trade.
On the exchange page, you will see a “Maximum Slippage” option.
Tap “Max slippage” and increase it to 4% and 5% respectively.
After increasing the maximum slip to 4%, try to trade the tokens.
Similarly, after increasing it to 5%, try to trade tokens as well.
Here’s how you can do it:
1. Tap “Max slippage”
First, open MetaMask and log in to your wallet.
For the purposes of this guide, we will be using the MetaMask mobile app.
Once you are on MetaMask, tap on “Swap”.
After tapping “Swap”, select the token pair you want to trade.
On the exchange page, you will see a “Maximum Slippage” option.
Tap “Max slippage” to start editing your max slippage.
2. Increase your maximum slip
After tapping “Max slippage”, you will be able to adjust your maximum slippage.
By default, the maximum slip will be set to “3%”.
However, the “3%” is too low for the execution of some swaps (in low-liquidity markets).
So, you need to increase it in increments for the exchange to be successful.
First, increase your maximum slippage to “4%” and try to trade tokens.
If you still receive the “No quote available” error, increase the maximum slip to “5%” and try to trade the tokens again.
Increasing the maximum slip will increase the likelihood that the swap will be successful.
However, if you still receive the “No quote available” error even after increasing the maximum slip to “5%”, you need to use another method to fix it.
This includes using a decentralized exchange like PancakeSwap or try again later.
Method 2: Use a decentralized exchange
The second method is to use a decentralized exchange to exchange tokens instead of MetaMask.
Two of the most popular decentralized exchanges are PancakeSwap and Uniswap.
For the purposes of this guide, we will use PancakeSwap.
Here’s how to use PancakeSwap to trade tokens:
- Go to the PancakeSwap exchange: https://pancakeswap.finance/swap.
- Tap “Connect” and tap “MetaMask”.
- Select the token pair you want to trade.
- Enter the number of tokens you want to trade.
- Tap “Swap” followed by “Confirm Swap”.
- Confirm the swap on MetaMask.
After confirming the swap, the transaction will be sent.
You can check its status on BscScan.com.
If the transaction fails, you can try increasing your slippage tolerance by tapping the filter icon.
Conclusion
Trading tokens on MetaMask is quite easy.
All you have to do is select the token pair you want to trade.
Then, enter the number of tokens you want to exchange for another token and exchange them.
However, during low levels of liquidity, the swap may fail.
Unfortunately, there is no way to predict when there is liquidity available.
If the swap continues to fail even after increasing the maximum slippage, you need to try again later.
Wait a few hours and try to trade the tokens again.
Alternatively, you can try using a decentralized exchange like PancakeSwap or Uniswap.
