#BinanceTurns8 🍏 Did you know what price slippage (Slippage) is!

🍏 It is the difference between the price you intend to buy or sell at, and the price at which the transaction is actually executed. It often occurs in volatile markets or those with weak liquidity.

✅ Why does slippage happen:

✅ If there isn’t enough quantity at the desired price, your platform will execute the order at the nearest available price—you may end up paying more or selling for less than you wanted.

✅ Quick examples:

✅ You intend to buy at $1, but it executes at $1.05.

✅ You want to sell at $1, but it executes at $0.95.

✅ Causes of slippage:

✅ Weak liquidity.

✅ Rapid fluctuations.

✅ Large orders in a small market.

✅ How to protect yourself:

✔️ Set a "maximum slippage" on decentralized platforms.

✔️ Use limit orders instead of market orders.

✔️ Monitor during major news events.

✔️ Avoid large trades on currencies with weak liquidity.

✔️ Check the order book depth.

✅️ Golden summary:

✅ Slippage is not a mistake—it is a natural part of trading, and your smart management of it will make the difference between a loss and a gain.