When trading cryptocurrencies, it is essential to be aware of the risks that come with them. One of those risks is slippage. Slippage can occur when you try to buy or sell a cryptocurrency at a specific price, but the order does not go through at that price. As a result, you may purchase or sell the cryptocurrency for a higher price than you intended. This blog post will explain Maiar slippage and how it can affect your trading transactions. We will also provide tips on minimizing the risk of slippage occurring in Maiar Dex. So, if you want to learn more about this topic, keep reading!
Why is there a Slippage on Crypto Exchanges like Maiar Dex?
The main reason slippage occurs is that the order book on most cryptocurrency exchanges is not deep enough.
The order book is a list of all the buy and sells orders placed on an exchange. The depth of the order book refers to the number of buys and sell orders available at each price level. A shallow order book means not many buy or sell orders are available at each price level. That can lead to slippage because if there is a lot of demand for a certain cryptocurrency, the order might not go through at the desired price. As a result, you would have to pay a higher price to fill your order.
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