Why it happens
Slippage can happen when prices move quickly, liquidity is low or a trade is large relative to the order book.
Why it matters
Slippage can make simple-looking trades more expensive, especially in volatile markets or token swaps.
Common mistake
Do not treat Slippage in crypto as a universal rule. Exchanges, wallets and card apps may use the same term differently, especially around limits, fees, networks and account restrictions.
User action
Before relying on this term, check the provider's official help page, fee schedule or product terms. If funds are involved, test with a small amount first and keep a record of the transaction or setting.
Related pages
Read about liquidity, market orders and exchange selection.
How to use this term
Use slippage to estimate how much the final execution price can move from the expected quote.
What to check
Check liquidity, order size, route, network congestion and whether a limit order would be safer than a market order.