Ever notice that the price of crypto can change between the moment you place a trade and when it’s finalized? That’s crypto slippage! It happens due to price fluctuations, especially in volatile markets.
Slippage can be positive or negative. For example, if you wanted to buy Bitcoin at $60,000 but ended up getting it for $59,800, you saved money with positive slippage. However, if you paid $60,200 instead, that’s negative slippage.
To avoid it, try using limit orders, adjust your slippage tolerance, and trade on platforms with high liquidity.
Have any of these strategies helped you in your trading?