How to sell Base Squid with Bitget Wallet
- Download and open the Bitget Wallet app, and ensure your account holds Base Squid tokens.
- Swap Base Squid tokens for USDT or USDC on Ethereum, Solana, BNB Chain, Base, or the TRON network.
- Select the token to sell: Open the [Trade] page, navigate to the [Cross-Chain Swap] section, select the token you wish to sell along with its network (e.g., Squid on the Base chain), and enter the amount.
- Select the token to buy: Choosing a token on the same chain (e.g., USDTUSDC on Ethereum, Solana, BNB Chain, Base, or Tron) constitutes a same-chain trade, whereas choosing a token on a different chain constitutes a cross-chain trade. Gas fees for cross-chain trades are typically higher than those for same-chain trades.
- Review trade details: The system will display the amount of the target token you can receive based on real-time prices. You can view the current slippage and price impact (factors that affect the final amount of tokens received) and check or modify the destination address (defaulting to your current wallet address).
- Set appropriate slippage: Slippage refers to the difference between the quoted price at the time of your order and the actual execution price. If slippage is set too low during periods of high price volatility or low liquidity, the trade may fail. It is recommended to use the suggested "Smart Slippage" setting to ensure a smooth transaction process.
- Confirm Gas fees: Click [Confirm] to view the estimated Gas fee for the transaction. If your balance is insufficient, follow the on-screen instructions to deposit the necessary native network coin to cover the fee.
- Confirm the transaction: Click [Confirm] again on the transaction details page to submit the order and wait for on-chain confirmation. Please note that transactions cannot be cancelled once confirmed, and gas fees will be deducted even if the transaction fails. Carefully review the transaction details; once verified, click [Confirm] to submit the order and wait for the on-chain confirmation result. Please note that transactions cannot be cancelled after confirmation, and gas fees (network service fees) will be deducted even if the transaction fails.
What are common reasons for a failed transaction?
1. Gas fee is insufficient or set too low, so validators don't process it. 2. Insufficient wallet balance. 3. Network congestion, causing long processing delays.
What should I do when a transaction fails?
Insufficient gas: Top up native tokens, increase the gas fee, or use Bitget Wallet's GetGas service. Insufficient balance: Add funds and resend. Network congestion: Increase the gas fee for higher priority, or wait and try again. For more issues, contact customer support and provide the transaction hash (viewable on a block explorer).
常見問題解答
Yes. You can exchange Squid for USDC through Bitget Wallet, provided sufficient liquidity is available for the selected trading route.
The final amount may differ because of price fluctuations, slippage, liquidity changes, and network execution during the transaction process.
Yes. You can enter any amount of Squid to swap, provided your wallet still has enough native tokens to cover the required Gas fees.
Bitget Wallet recommends using Smart Slippage, which automatically adjusts the slippage tolerance based on current market conditions to improve the likelihood of a successful transaction.
Price impact measures how much your trade affects the market price. Larger trades or tokens with lower liquidity typically experience higher price impact.
Yes. Bitget Wallet supports swaps across multiple blockchain networks. The available destination networks depend on liquidity and routing availability.
Yes, but rapid price movements can cause significant slippage and price impact. Check the quoted amount, slippage, and price impact immediately before confirming the transaction.
Slippage is the difference between the quoted price and the final execution price. It occurs because token prices may change while the blockchain processes your transaction.
Yes. Before confirming the transaction, Bitget Wallet displays the current exchange rate, estimated output amount, price impact, and Gas fees.
No. A swap generally requires sufficient liquidity to execute the transaction. If there is insufficient liquidity for Squid, you may need to reduce the transaction amount, wait for liquidity to improve, or select another available trading route.
