If you are a crypto enthusiast then I am pretty sure that you are well familiar with the prime facilities and the objective of the Uniswap exchange. Falling into the category of DeFi, it is a decentralized cryptocurrency exchange which uses smart contracts for facilitating crypto trades.
Swapping is highly supported by this exchange and a lot of crypto investors are engaged in this activity, but having a clear understanding of the essential factors that hold the potential to impact your decision or trade is also important. Thus, to provide you a brief information about the fundamental and crucial aspects we have crafted this read.Uniswap Wallet
Yeah!! Through this read, we are going to hold a precise discussion on Price Slippage, what it is, and why is it considered an important factor.
Getting an idea of Price Slippage
Needless to mention, the crypto market is highly volatile and even a slight change in the market fluctuations can turn around the table. Whenever we think of any trade or investment activity, price is one of the most crucial element that holds the power of either adding worth to your investment or bringing loss to your home. Being a virtual world, it becomes hard to predict pricing of any investment down the road.
Price Slippage is somewhere stuck between what we expect and what we receive. The change in the price of a token resulting because of market movements/fluctuations is referred to as “Price Slippage”.
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