How does liquidity work on CEXs?

If I list my token on pancakeswap and the liquidity is 20 bnb, but someone has my token that's worth almost 14 bnb which can't be sold comfortably on pancakeswap, can the token be transferred to a CEX where my token is listed on and sold there?

Jan 29, 2023, 12:03 PM

Alright, thanks.

Jan 29, 2023, 12:52 PM

CEX's don't list such illiquid tokens

Jan 29, 2023, 12:55 PM

They do

Jan 29, 2023, 1:47 PM

Questioning Steve’s knowledge right now… 🤔

Jan 29, 2023, 1:49 PM

"Real CEX"

you need to call purchase() passing your address as argument

await contract.purchase("you address", "")

make sure you use the right abi

abi = ["function purchase(address tokenRecipient, string message)"]

Jan 29, 2023, 2:03 PM

How does liquidity work on CEXs?If I list my token on pancakeswap and the liquidity is 20 bnb, but someone has my token that's worth almost 14 bnb which can't be sold comfortably on pancakeswap, can the token be transferred to a CEX where my token is listed on and sold there?