What is the meaning of slippage in the world of cryptocurrency?

3 answers

• Dec 18, 2021 · 3 years ago
  Slippage in cryptocurrency refers to the difference between the expected price of a trade and the actual executed price. It often occurs during periods of high volatility or low liquidity, when there is a significant difference between the order book and the actual market price. Slippage can result in traders getting a worse price than expected, leading to potential losses. To minimize slippage, traders can use limit orders and employ strategies to ensure their trades are executed at the desired price.
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• Dec 18, 2021 · 3 years ago
  Slippage in the world of cryptocurrency is like when you order a pizza for $10, but the delivery guy shows up and asks for $15. It's frustrating, right? Well, that's what slippage is all about. In simple terms, it's the difference between the price you expect to pay for a cryptocurrency and the price you actually end up paying. Slippage can happen due to various factors, such as market volatility, low liquidity, and delays in order execution. Traders need to be aware of slippage and take measures to minimize its impact on their trades.
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• Dec 18, 2021 · 3 years ago
  Slippage in cryptocurrency trading is a common phenomenon that can affect traders' profitability. It refers to the difference between the expected price of a trade and the price at which the trade is actually executed. Slippage can occur due to market fluctuations, delays in order processing, or insufficient liquidity. Traders should be cautious of slippage as it can lead to unexpected losses or reduced profits. To mitigate slippage, traders can use limit orders, set realistic expectations, and choose exchanges with high liquidity and efficient order execution mechanisms.
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