What is the meaning of slippage in the context of cryptocurrency trading?

3 answers

• Diwakar GuptaOct 13, 2022 · 3 years ago
  Slippage in cryptocurrency trading refers to the difference between the expected price of a trade and the price at which the trade is actually executed. It often occurs during periods of high volatility or low liquidity, when there are not enough buyers or sellers to match the desired trade volume. Slippage can result in traders receiving a different price than they anticipated, leading to potential losses or missed opportunities. Traders should be aware of slippage and consider it when placing orders to minimize its impact on their trading strategies.
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• Loft SumnerNov 17, 2022 · 3 years ago
  Slippage is like that moment when you order a pizza and expect it to be delivered within 30 minutes, but it actually takes an hour. In cryptocurrency trading, slippage happens when the price you expect to buy or sell a coin at is different from the price at which the trade is executed. It can be frustrating, especially if you're trying to take advantage of a specific price movement. To avoid slippage, some traders use limit orders instead of market orders, which allow them to set a specific price at which they want to buy or sell.
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• Namira GanamJun 04, 2023 · 2 years ago
  Slippage is a common occurrence in cryptocurrency trading. It happens when there's a delay between the time you place an order and the time it gets executed. This delay can result in the order being filled at a different price than you expected. Slippage can be both positive and negative, meaning you can either get a better or worse price than anticipated. It's important to understand slippage and factor it into your trading strategy to avoid any surprises.
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