Speed Matters: How Low Transaction Speeds Can Cost Crypto Traders

Crypto traders often underestimate the importance of speed when exchanging digital assets. A low transaction speed can lead to slippage, which is the difference between the quoted rate and the executed rate.

Slippage occurs because live rates are constantly changing, and the time it takes for a user to click through, enter transaction details, and confirm the trade is enough for the market to move. This can result in users receiving less than expected after a trade.

The problem worsens during volatile markets, where prices can change rapidly due to news events or other factors. In such times, even small slippages can add up, especially for larger transactions.