@junkiesbunnys
Slippage refers to the difference between the expected price of a trade and the actual price when it is executed. It often happens in volatile markets, where prices can move quickly between the time an order is placed and when it is completed. In cryptocurrency trading, slippage can be especially significant during times of high volatility or low liquidity, such as in smaller or newly listed tokens. It can result in traders paying more for a purchase or receiving less on a sale than they intended. To minimize slippage, traders can use limit orders instead of market orders, and some platforms allow setting slippage tolerance levels to prevent excessive price deviations during execution.
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