How to sell PAPI with Bitget Wallet

  1. Download and open the Bitget Wallet app, and ensure your account holds eth PAPI tokens.
  2. Swap eth PAPI tokens for USDT or USDC on Ethereum, Solana, BNB Chain, Base, or the TRON network.
    1. 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., PAPI on the eth chain), and enter the amount.
    2. Select the token to buy: Choosing a token on the same chain (e.g., USDT or USDC 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.
    3. 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).
    4. Set appropriate slippage: When the price of a token is very volatile or the pool has low liquidity, setting a low slippage tolerance may cause the transaction to fail. We recommend using Bitget Wallet's Smart slippage to ensure smooth transactions.
    5. 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.
    6. Confirm the transaction: Click "Confirm" again on the transaction details page and wait for the transaction to be confirmed on the chain. Remember that once you click "Confirm", the transaction cannot be canceled. Even if the transaction fails, you will still be charged a gas fee.

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).

FAQ

Frequently Asked Questions

Yes. After identifying the reason for the failure, such as insufficient Gas or low slippage tolerance, you can submit a new transaction.

Selecting the wrong network can result in an unavailable swap or, in some cases, assets being sent to an incompatible address. Before confirming the transaction, carefully check that PAPI is on the correct eth network and that the receiving network matches your intended destination.

Bitget Wallet provides a self-custody experience with integrated cross-chain swaps, multi-chain support, smart routing, and real-time transaction information, allowing you to exchange PAPI securely and conveniently.

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.

Yes. Bitget Wallet allows you to swap PAPI for USDT on supported networks, including Ethereum, Solana, BNB Chain, Base, and TRON. If you choose USDT on the same blockchain, the transaction is considered a same-chain swap.

No. Once an on-chain transaction has been signed and submitted, it cannot be canceled. Always verify the transaction details before confirming.

Yes. Splitting a large transaction into several smaller swaps or trading during periods of higher liquidity may reduce price impact.

There is generally no fixed maximum limit, but very large swaps may experience higher slippage or require multiple transactions.

Yes. Bitget Wallet supports cross-chain swaps, allowing you to exchange PAPI for assets on other supported blockchain networks.

High price impact usually occurs when trading large amounts or when the token has limited liquidity across available trading pools.