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Transaction cost slippage Meaning

Transaction cost slippage refers to the discrepancy between the expected cost of a transaction and the price actually paid. In cryptocurrency trading, slippage often occurs due to rapid price movements or limited liquidity: by the time an order is executed, the asset’s price may have moved unfavourably.

On-chain, slippage also arises when network congestion forces users to pay higher gas fees than anticipated. Decentralised exchanges typically provide a slippage tolerance parameter, allowing traders to specify how much price movement they are willing to accept before the trade reverts.

Excessive slippage can eat into profits or turn a profitable trade into a loss, making it crucial to monitor order book depth and network conditions.

Effective slippage management involves using limit orders instead of market orders, trading during periods of high liquidity, and setting appropriate gas fee strategies.

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Important Disclaimer:

Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

Finery Markets’ software is non-custodial and is provided exclusively to licensed institutional entities that act as independent operators of their own environments. All counterparties are solely responsible for establishing and maintaining their own bilateral trading and settlement relationships. Finery Markets is not a party to any such arrangements and assumes no responsibility for the conduct, verification, or compliance obligations of any users of the software.

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