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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56076089 No.56076089 [Reply] [Original]

How the fuck do I buy shitcoins?

Just swapped 40$ worth of ETH, paid 4$ gas fee and still got only eth

>> No.56076109

10% fee? And you accepted it? Sad.

>> No.56076114
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56076114

>>56076089
KEK you probably only approved the use of your ETH newfag, swapping is a lot more than 4 dollars

>> No.56076123

Nevermind the fee the question is why it took fee and didn't swap the shitcoin

>> No.56076136

>>56076114
But use for what
I wanted swap eth for elfbar

Isn't clicking the swap button and selecting a pair the way to do this?

>> No.56076163
File: 347 KB, 1134x1568, 1655601546752.jpg [View same] [iqdb] [saucenao] [google]
56076163

>>56076136
holy fuck google it, what are you using to swap? uniswap or just the metamask garbage you posted in OP

>> No.56076176

>>56076089
>unable to load balance
might be a display error.

A lot of those new tokens have sales taxes.
Also, use uniswap instead of metamask swap function, it's cheaper

>> No.56076182

>>56076089
Load your address in etherscan, you will see all transactions and token holdings.

>> No.56076184
File: 583 KB, 1509x2385, Ethereum L2s.png [View same] [iqdb] [saucenao] [google]
56076184

>>56076089
For small swaps you're better off transferring ETH to one of the 30+ Ethereum Layer 2s via one of the 50+ bridges. Make sure it's a Layer 2 with an escape hatch and a trusted bridge though otherwise you risk losing all your funds and remember to budget for the Layer 1 gas fees for bridging to the Layer 2 and back again.

>> No.56076189

>>56076184
Base, optimism and arbitrum are supported directly by most exchanges now

>> No.56076198
File: 226 KB, 720x1600, Screenshot_2023-09-11-13-21-50-23_3ce871bb60cb313382b75690e63e41d0.jpg [View same] [iqdb] [saucenao] [google]
56076198

>>56076163
Metamask. I don't care if it's shit, even then it should do what it says to do

>> No.56076227

>>56076182
0x15467d610d9945B2a6ff7b3411D5729613315649

This is my wallet adress
What the fuck happened?

>> No.56076243

>>56076089
>>56076189
Yes, if you register and KYC for a good trusted CEX that supports Base, Optimism and Arbitrum you can use that instead of a bridge and you're all set for DeFi.

>> No.56076250

>>56076227
Got this message
Status:
Fail with error 'UniswapV2Router: INSUFFICIENT_OUTPUT_AMOUNT'

Warning! Error encountered during contract execution [execution reverted]

>> No.56076262

>>56076227
Price changed too much and the swap failed.

https://etherscan.io/tx/0x8dbf41fe22202ec95140fb694a4880fb0519f9523d40bb555edbbaadbb056dac

this is an issue on l1, because blocks happen every 14s and others can try to buy too, but their buys change the price.

There's a more complicated way to use an alternative rpc that won't process a failing transactions https://docs.flashbots.net/flashbots-protect/rpc/quick-start/
but will require slightly larger priority fee (like 1 gwei, it's in the advanced tab) and the failing transaction will just stay in the 'pending' state forever, so it's inherently confusing for new users.

Anyway, what you can do is try to buy it again on https://app.uniswap.org/#/swap

>> No.56076269

>>56076250
You gotta increase the slippage bro, low liquidity means you need bigger slippage I would recommend not bothering op

>> No.56076340
File: 3.68 MB, 482x640, shrimple dimples.gif [View same] [iqdb] [saucenao] [google]
56076340

>>56076089
>How the fuck do I buy shitcoins
Don't

>> No.56076354

imagine believing ITT
daily reminder 4chan is nothing but GPT AI bot generated content
Literally no one is "buying" shitcoins 2023. Its just VCs dumping their premines on you anon wake up.
Leave the internet and thank me later

>> No.56076412

elfbar fucking kek
good work op very original thread

>> No.56076498

>>56076198
That shit is garbage, bro. They take an extra "metamask fee".

>> No.56076506

There is no such coin as elfbar on uniswap or on arbitrum network

>>56076269
Gonna do this

>> No.56076553

>>56076506
you should paste the token address into uniswap
Metamask just goes through uniswap anyway

>> No.56076633

>>56076553
The gas price is still high and the protip for using Arbitrum seems to be not working because it says that it is personal adress

>> No.56076672

the future of finance

>> No.56076675
File: 384 KB, 720x1600, Screenshot_2023-09-11-14-55-46-77_40deb401b9ffe8e1df2f1cc5ba480b12.jpg [View same] [iqdb] [saucenao] [google]
56076675

>>56076412
Laugh at elfbar but imagine how much you could make if you got early

>> No.56076707
File: 239 KB, 720x1600, Screenshot_2023-09-11-15-00-53-05_3ce871bb60cb313382b75690e63e41d0.jpg [View same] [iqdb] [saucenao] [google]
56076707

Why Arbitrum One says that all contracts are personal adress?

Can't add a single coin

>> No.56076825

>>56076633
The token is probably not on arbitrum

>> No.56076832

>>56076707
Tokens on rollups are technically separate, it's a different network.
You can't copy the address from ethereum to them.
(it's technically possible for the address to be the same in rare cases)

Some tokens only exist on ethereum, some only exist on arbitrum/etc