roommatep

Crypto Slippage Explained: Why Can the Final Amount Be Different?

When swapping crypto, the amount you see before confirming isn't always guaranteed to be the exact amount you receive. One reason is slippage, which can happen when market conditions or exchange rates change before a swap executes.

I checked the STON.fi swap interface, and here's what it showed in my screenshot:

🔹 You send: 0.10824 GRAM
🔹 Estimated to receive: 0.322555942 STON
🔹 Minimum received: 0.31933 STON
🔹 Price impact: 1.83%
🔹 Estimated blockchain fee: ~0.02 GRAM

The interesting part is the minimum received amount. It shows the lowest output accepted under the swap's slippage settings. If the final result falls outside the allowed limit, the swap may fail instead of executing under those conditions.

Price impact and slippage are related, but they're not the same. Price impact comes from how a trade affects the pool's price, while slippage refers to the difference between the expected and executed result.

My takeaway: before confirming a swap, take a moment to check the estimated output, minimum received, price impact, and network fee. These details help you understand what you're agreeing to before proceeding.

For anyone exploring swaps between different networks, STON.fi also has this guide:

https://ston.fi/cross-chain-swap-from-ton-to-base

#STONfi #defi #cryptoeducation #TON #GRAM
$GRAM $TON $STON

What Actually Happens When You Connect Your Wallet to a DEX?

If you've ever used a decentralized exchange, you've probably seen the “Connect Wallet” button. But have you ever wondered what actually happens when you click it?

Let's break it down.

1. Connecting your wallet doesn't mean giving away your funds

When you connect a wallet, you're allowing a decentralized application (dApp) to communicate with your wallet. Depending on the connection, the application may be able to see your public wallet address and relevant public blockchain information.

Your seed phrase and private keys should never be shared with the website.

2. Connecting and signing are two different things

This is an important distinction for beginners.

Connecting your wallet establishes a connection. Signing a transaction or message is a separate action that may authorize something specific.

Always read wallet prompts carefully instead of approving everything automatically.

3. Check the website before connecting

Fake websites can copy the appearance of legitimate platforms. Double-check the domain and use links from official sources. Never trust a random direct message asking you to connect your wallet to claim a reward.

4. Understand what you're approving

Before confirming a swap or another blockchain action, review the transaction details. Check the token, amount, network and any permissions being requested.

If something looks unfamiliar, pause and investigate.

5. Try to understand the process in practice

STON.fi is an example of a decentralized exchange in the TON ecosystem. When using it, make sure you're accessing the legitimate website and pay attention to the requests displayed by your wallet.

You can learn more about decentralized exchanges at:

https://whatisdex.com/

The main takeaway? Connecting a wallet is not the same as signing a transaction, and neither action should be treated as something to do blindly.

In crypto, understanding what you're approving is a basic habit worth developing from day one.

#STONfi #TON #DeFi #CryptoSecurity

$TON $GRAM

Day 10 complete! I enjoyed how each day had something practical to learn, especially the small interactive challenges. #BinanceSummerCamp

#TradebStocks #BinanceAfrica
@Binance Africa
$INTC

May the 4th be with you… and with every trade I make. ⚡️🌌

In this crypto galaxy, I don’t rely on luck — I rely on the Force within me.

✨ My 4 Crypto Jedi Powers:
🔶 Discipline — I follow my plan, no matter what
🔶 Patience — I wait for the perfect opportunity
🔶 Strategy — Every move is calculated
🔶 Freedom — I trade to build my own path

Master the Force… master the market.🚀
#ForceOf4
$BNB

#BinanceAi form entry done

Just joined the Binance Discord AMA on #BinanceAi

Learned how AI is transforming trading with smarter insights, automation, and risk management. The Agentic Wallet sounds like a game-changer—combining security + AI to make crypto management easier and more efficient.

Excited to see how Binance AI will help both beginners and pro traders level up 🚀

Join here 👉
https://discord.com/invite/binanceofficial

#BinanceAI

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