Trading Ideas
What is Slippage in Crypto?
Slippage is something many new crypto investors can run into—and when they do, it’s liable to upset them. What is slippage in crypto? The short answer is a difference in what you think you’re paying to acquire crypto and the actual cost you pay. No, it’s not a bait-and-switch. It’s the result of extreme demand, high volatility and a generally unstable asset class.
Here’s what you need to know about slippage, how to protect yourself from it and what you can do to minimize exposure to it. Above all, realize that when it comes to market orders, slippage in crypto …read more […]