What is the slippage tolerance?

Slippage Tolerance is the pricing difference between the price at the confirmation time and the actual price of the transaction users are willing to accept when swapping on AMMs . Slippage tolerance is set as a percentage of the total swap value.

Slippage is the price difference between when you submit a transaction and when the transaction is confirmed on the blockchain .

To help eliminate or reduce slippage, traders use limit orders instead of market orders . A limit order only fills at the price you want, or better. Unlike a market order, it won’t fill at a worse price. By using a limit order you avoid slippage.

Slippage in Pancakeswap If you’re wondering what slippage is in Pancakeswap, the default percentage usually falls between 0.5% to 1%. There is no best slippage tolerance for Pancakeswap as it will always depend on your trading strategy .14 Şub 2022