What is slippage in trading?
👾👾👾
Slippage is the difference between the price you expected to pay or receive in a trade and the actual price at which it is executed.
Why does it happen?
When there is low liquidity, your order is not filled at the exact price, but at the nearest available one.
It also occurs during times of high volatility, where prices change very quickly.
Example:
You wanted to buy BTC at $102,000, but when executed, the price rose to $102,150.
