🚀 CRYPTO WORD OF THE DAY

Word: Slippage

Definition:

Slippage happens when the price you see when placing a trade is different from the price you actually get. This usually occurs in volatile markets or when there's low liquidity.

Example:

You wanna buy PEIPEI at $0.00000100 but by the time your order fills, you get it at $0.00000105 — that difference is slippage.

Keep in mind:

Lower slippage = more accurate price

High slippage can eat into your profits

You can set a slippage tolerance in most DEXs like PancakeSwap or Uniswap