What is slippage and how does it affect trading on BitMEX?

3 answers

• Armand KeulderNov 13, 2020 · 5 years ago
  Slippage refers to the difference between the expected price of a trade and the actual executed price. On BitMEX, slippage can occur due to market volatility, low liquidity, or delays in order execution. It can affect trading by causing traders to receive a worse price than expected, resulting in potential losses. To minimize slippage, it's important to use limit orders instead of market orders and consider the depth of the order book before placing trades.
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• CurranOCJul 08, 2024 · a year ago
  Slippage is like that moment when you're trying to catch a falling knife, but it slips through your fingers and you end up with a cut. In trading, slippage happens when the price you want to buy or sell at is different from the actual executed price. This can be frustrating because it means you might not get the profit or loss you were expecting. On BitMEX, slippage can be more common during times of high volatility or when there's not enough liquidity in the market. So, be careful and always keep an eye on the order book to avoid slipping up!
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• FerchoFeb 06, 2025 · 6 months ago
  Slippage is a common occurrence in trading, and BitMEX is no exception. As a decentralized exchange, BitMEX relies on market participants to provide liquidity. When there's low liquidity, it can lead to slippage, where the executed price deviates from the expected price. Slippage can be both positive and negative, meaning you can get a better or worse price than anticipated. To mitigate slippage on BitMEX, it's advisable to use limit orders and monitor the market closely. Remember, slippage is a risk in any trading environment, so always trade responsibly.
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