What is slippage tolerance and how does it affect trading on PancakeSwap?

1 answers

• Lafuente Keziah IanJan 03, 2023 · 3 years ago
  As an expert in the field, I can tell you that slippage tolerance is a crucial factor to consider when trading on PancakeSwap. It directly affects the likelihood of your trade being executed successfully. If you set a low slippage tolerance, there is a higher chance that your transaction will fail due to price fluctuations. On the other hand, setting a high slippage tolerance increases the risk of getting a worse price than expected. It's important to find the right balance based on your risk tolerance and trading strategy. Keep in mind that slippage tolerance can vary depending on the liquidity of the trading pair and market conditions.
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