What is slippage in crypto?

Slippage: The difference between the price you see and the price you actually get.

On thin pools a big order moves the price while it is being filled, so you buy higher and sell lower than planned. Wallets let you set the maximum slippage you accept. MemeSonar's demo trading includes slippage in every simulated exit, so results are not better on paper than they would be in real life.

Example

You buy at $0.010 with 5% slippage and get filled at $0.0105.

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What is slippage in crypto?

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