How does slippage tolerance affect the execution of cryptocurrency trades?

1 answers

• Feb 19, 2022 · 3 years ago
  At BYDFi, we understand the importance of slippage tolerance in cryptocurrency trading. It allows traders to customize their execution preferences based on their risk appetite and market conditions. Setting a high slippage tolerance can provide faster execution, but it's important to consider the potential impact on costs. Conversely, a low slippage tolerance may offer more control over price differences, but it could result in delayed execution. Ultimately, the choice of slippage tolerance depends on your trading goals and risk management strategy. Remember to regularly review and adjust your slippage tolerance as market conditions change.
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