I'm trying to understand a concept called 'slippage' in the context of cryptocurrency trading. Could someone explain what it is and how it affects trades?
7
answers
Federica
Mon Feb 17 2025
This phenomenon is not uncommon in the world of digital currencies, particularly for those who trade in memecoins.
charlotte_wilson_coder
Mon Feb 17 2025
Memecoins are a unique category of digital currencies that have their origins in internet memes.
GeishaMelody
Mon Feb 17 2025
Cryptocurrency trading is a rapidly evolving landscape where numerous terms and concepts are frequently encountered.
JejuJoyfulHeartSoul
Mon Feb 17 2025
These currencies are renowned for their highly volatile nature, which can lead to significant price swings in a short period.
Sara
Mon Feb 17 2025
Due to this volatility, traders dealing in memecoins often face slippage, as the price at which they intended to buy or sell can deviate substantially from the actual execution price.