Detailed Explanation
Why It Matters:
In fast-moving crypto markets, slippage can turn profitable trades into losses — especially with large orders or during news events.
How It Works:
Market orders “walk the book,” filling at progressively worse prices if depth is thin. CEX often show estimated slippage before confirmation.
Common Mistakes:
No slippage tolerance on volatile pairs; oversized market orders without checking depth.
FAQs
How to minimize? Use limit orders, smaller sizes, or during high-liquidity hours (e.g., London/NY overlap).
Is positive slippage possible? Yes — you can get a better price than expected.
