What is Slippage in Cryptocurrency ?

Slippage is the price difference between the expected price of a crypto trade and the actual price at which the crypto is traded. This occurs on account of price movement between the time trade order enters the market and the time it is actually executed.

The best way to prevent slippage is through the use of price limit orders instead of placing market orders. Limit orders set maximum buy limit or minimum sell limits for the orders and will not be executed till the conditions are met.



You May Interest

What is DNS?

What is Pretty Good Privacy (PGP) ?

What is Qi Charging?

What is Block in Blockchain ?

What is Transmission System Level 3 (T3)?