Trading & Technical Analysis

What is slippage in crypto trading?

Slippage in crypto trading is the difference between the price you expected for a trade and the price at which it actually executes. It happens when prices move between order placement and fill, or when an order is larger than the liquidity available at the quoted price. For example, placing a market buy at 100 that fills at an average of 100.3 means 0.3 of slippage. Slippage tends to be larger in fast-moving or thinly traded markets and smaller in deep, liquid ones, which is why order size and book depth both matter when executing.