Market orders slippage
Market orders are executed instantly at the best available price. The amount of slippage depends on the liquidity of the selected asset on the exchange.
Market orders are executed instantly at the best available price. The amount of slippage depends on the liquidity of the selected asset on the exchange.
The bots operates using market orders, which are executed instantly at the best available price on the exchange. While this ensures fast execution, the final order price may differ from the expected one due to slippage - a common effect caused by low market liquidity.
The accuracy of the execution price depends primarily on the order size and the liquidity of the selected trading pair. Assets with lower liquidity tend to have wider spreads, which can increase the risk of slippage.
To minimize slippage, it is recommended to avoid using bots with position sizes larger than your available quote asset when slippage exceeds 0.5%. Monitoring market depth before enabling the bot can help ensure stable results and efficient order execution.