< What is the difference between slippage and spread >

The issue of terminology that many people confuse.
After reading this article, reduce communication barriers.

[ What is Spread?]

There will be a quote for both buying and selling.
These two quotations are different and understandably so.
The buying price will be higher, and the selling price will be lower.
The difference between these two prices is called the spread.

The lowest buy price (Buy One) and the highest sell price (Sell One) also have a price difference.

It is very normal for exchanges to have a spread.
Especially in some exchanges that do not charge transaction fees.
It actually means using a relatively higher buying price and a relatively lower selling price in a disguised manner.
In obtaining rewards
If you go to the bank today to buy or sell fiat currency, it is the same principle.
But this is not a price drop.

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[ What is slippage? ]

You can see that his spread is around 0.023U.
But this is not the actual transaction cost.
You must also pay attention to the difference between your order volume and the volume on the order book.

The amount that each order position is willing to buy or sell is different.
Suppose you placed a market order today that exceeded the buy/sell one volume.
The price will move towards the buy two/sell two to complete the transaction.
and so on
This situation is called slippage.

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When entering large orders
You need to pay attention to both types of wear.
According to my test
Flipster has only spread and no slippage.
You can trade large amounts with peace of mind.

You can refer to the Total (USDT) above for calculations.
How much will the large transactions slide in price?
If it can accommodate large transactions.
we would say he has "good liquidity"

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Finally, a little Easter egg.
In some third and fourth-tier clues.

Even if he looks good on a deeper level.
There will still be slippage when placing an actual order.
Large transactions need to be cautious.