๐ What Is #Slippage in #crypto #trading ?
Ever placed a trade and got a different price than expected? Thatโs slippage.
๐ Slippage happens when the price moves between the time you place a trade and when it actually executes. Itโs common in volatile markets or with low-liquidity tokens.
๐ข Positive slippage = you get a better price
๐ด Negative slippage = you get a worse price
๐ก Pro Tip: On DEXs like PancakeSwap, you can set a slippage tolerance to control how much price movement youโre okay with.
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๐ Tell us:
Have you ever been hit by slippage? Which token was it?
