Why Can't I Sell My Coin on Fomo?
Most failed or bad sells come from the token, not the app: very little liquidity, a collapsed or abandoned coin, or a sudden price move. Try a smaller amount, check the token's liquidity, and contact fomo support if the sell button itself won't work.
This is general guidance on why crypto sells fail. For problems with your specific account, contact fomo support in the app or on their Discord.
Common Causes
Not Enough Liquidity
To sell, someone has to buy. Small memecoins often have very little money in their trading pool, so a sell either fails or gets a much worse price than you expect. Larger sells make this worse.
The Token Collapsed or Was Abandoned
In a "rug pull", the creators pull the liquidity and walk away. The token may still show a balance, but there's nothing left to sell into.
Fast Price Moves
In a sharp drop, the price can move between your quote and the trade, so the trade may not go through at the price shown.
Network Congestion
When a blockchain is busy, trades can be delayed or fail, then succeed on a retry.
What You Can Try
- Sell a smaller portion first to see if any trade goes through.
- Refresh the quote and try again a few minutes later.
- Check the token's liquidity and recent volume in the token's stats before buying more of it.
- Update the app.
- If nothing works, contact fomo support with the token name and the time you tried.
Avoiding It Next Time
Before buying, check liquidity, trading volume and holder count. If a coin has very little liquidity, selling later may be hard. fomo's own guides cover how to spot a rug pull and how to read token stats.
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Frequently Asked Questions
Why can't I sell my coin on fomo?
Usually because the token has very little liquidity, has collapsed or is moving too fast. Try a smaller amount, then contact fomo support if the problem continues.
What does low liquidity mean?
There's little money in the token's trading pool, so sells can fail or get a much worse price.
Who do I contact if I can't sell on fomo?
Contact fomo support through the app or on fomo's Discord.
Sources: fomo Answers