PancakeSwap Exchange, named pancake wap Exchange in Chinese, is one of many branches in coin security intelligent chain. Since its establishment, pancake WAP exchange has attracted much attention because of its rapidly rising trading volume, so it has gained its own popularity and has been understood and loved by many investors. However, many investors are using PancakeSwap Exchange, and they still don't know what PancakeSwap Slip Point means. How to set it? Here is a tutorial for setting the sliding point of pancake exchange.

Concept of Slip Point: Slip Point refers to the gap between the next single point and the final closing point.

Reasons for the delay:

Firstly, hardware factors, such as network delay, software system and server response when the price of gold fluctuates greatly, lead to the inconsistency between the transaction price and the pending order price.

Second, human factors, such as the background manipulation of gold traders, make the quotation of gold trading platform different from the actual quotation, which leads to the failure of gold and silver traders to buy in time when they should buy and sell in time. Generally speaking, it is difficult for investors to distinguish what causes the slippage, so it also brings opportunities for some illegal traders to obtain illegitimate interests.

It is precisely because of this that we suggest using a powerful investment platform for trading, which will often reduce the slippage phenomenon on the platform, because large traders can get more favorable prices and larger trading volume from the quotation bank.

Possible effects of slippage:

1. Your order may be a market order or a pending order. Because of the price change, the system can't execute the order accurately at the price you requested, but it will execute it at a more favorable price for you. (Take profit will be slippery)

2. Your order may be a market order or a pending order. Because of the price change, the system can't execute the order accurately at the price you require, but will execute it at a price that is more unfavorable to you. (Stop loss will also slip)

3. When encountering a special gap market, the slip point may cause your position to explode into a negative value.