What is slippage in crypto? 👀
Imagine you want to buy a coin at $100.
You expect to pay $100… but your order actually gets filled at $102.
That difference is called slippage.
It usually happens when there aren't enough buy/sell orders available at the exact price you want, so your order gets filled at different prices.
This is why liquidity matters.
Higher liquidity generally means trades can happen with less price movement, while lower liquidity can lead to more slippage.
So before looking at a coin, don't just look at its price. 👀
Market cap. Volume. Liquidity. Slippage.
Understanding the basics comes first. 📊
#cryptoeducation #CryptoBasics #slippage #BinanceSquare #learncrypto
follow for more 👍
Imagine you want to buy a coin at $100.
You expect to pay $100… but your order actually gets filled at $102.
That difference is called slippage.
It usually happens when there aren't enough buy/sell orders available at the exact price you want, so your order gets filled at different prices.
This is why liquidity matters.
Higher liquidity generally means trades can happen with less price movement, while lower liquidity can lead to more slippage.
So before looking at a coin, don't just look at its price. 👀
Market cap. Volume. Liquidity. Slippage.
Understanding the basics comes first. 📊
#cryptoeducation #CryptoBasics #slippage #BinanceSquare #learncrypto
follow for more 👍