When I try to sell a tiny alt and the price jumps, the slippage sting hits hard.
Liquidity just means how easily you can trade without moving the price, big market feels like a deep pool, thin market like a puddle.
Right now $BTC $76,056 down 5.55% and $ETH $2,238 down 7.71%. Ever been caught by slippage on a low-liquidity coin?
#ELI5 #LearnCrypto
Liquidity just means how easily you can trade without moving the price, big market feels like a deep pool, thin market like a puddle.
Right now $BTC $76,056 down 5.55% and $ETH $2,238 down 7.71%. Ever been caught by slippage on a low-liquidity coin?
#ELI5 #LearnCrypto