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(A) The Artist Formally Known as A-A

Can anyone explain what slippage is? Also what is a limit

order and how do can one do it?

#cryptocurrency #english #hex-crypto
0

15 ответов

19 просмотров
cryptocat94-www.EveryHexLink.com - 100+ HEX Links to DYOR

slippage is how much % you loose to price moving up or down on you when you trade. the bigger the $$ amount in, the more slippage

0
02.10.2021
⬣⬣ Dartanyan-Eight (BEWARE SCAMMERS EVERYWHERE)

I don’t understand this..... so I just market buy 🤷‍♂️🤷‍♂️🤷‍♂️

0
02.10.2021
Tezz-⬣⎔ Hex ⎔⬣ [I won't DM you]
⬣⬣ Dartanyan Eight (BEWARE SCAMMERS EVERYWHERE)
I don’t understand this..... so I just market buy ...

Slippage occurs in market buys. In uniswap etc. The slippage is set by default to something like 0.5%. If the price changes between the time of your original bid/quote, there is a slippage tolerance. If the price 'slips' outside the set amount, the swap will fail

0
02.10.2021
⬣⬣ Dartanyan-Eight (BEWARE SCAMMERS EVERYWHERE)

Slippage is basically a fee you pay to enter or exit ?

0
02.10.2021
Tezz-⬣⎔ Hex ⎔⬣ [I won't DM you]

Let's say you wanna buy apples from me. The price constantly changes depending on how many apples I have in stock. I can give you a quote and say 5 apples for a dollar. That price might slip and become 4 apples per dollar due to other people buying before you. Exchanges allow you to set how much price slippage you allow, to prevent you from getting a deal which is too far from the original quote. Like you would say I don't want to do the deal if the price changes more than 1%

0
02.10.2021
Nenad [I won't dm you]-
⬣⬣ Dartanyan Eight (BEWARE SCAMMERS EVERYWHERE)
Slippage is basically a fee you pay to enter or ex...

No, it's the price movement against yourself that you cause by emptying the order book with your order execution.

0
02.10.2021
Combot-
⬣⬣ Dartanyan Eight (BEWARE SCAMMERS EVERYWHERE)
+

⬣⬣ Dartanyan Eight (BEWARE SCAMMERS EVERYWHERE) (1198) has increased reputation of Tezz ⬣⎔ Hex ⎔⬣ (95)

0
02.10.2021
Tezz-⬣⎔ Hex ⎔⬣ [I won't DM you]
BOOM Bound
If the order fails to execute, do I pay gas fees r...

Depends on the nature of the failure, but yeah, probably risk paying some fees if there is no tolerance in your transaction

0
02.10.2021

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