Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
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Introduction to Futures Trading
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Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
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Launchpool
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Launchpad
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Alpha Points
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Futures Points
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Someone just tried to exchange 50 million USDT and ended up receiving only $36,451. Painful mistake. 😭
This kind of situation usually happens because of extreme slippage or very low liquidity in the trading pool. When a trade is too large for the available liquidity, the system keeps filling the order at worse and worse prices until the swap is completed.
How to avoid this when swapping crypto:
Always check liquidity first. Make sure the trading pair has enough funds in the pool before placing a large swap.
Use a low slippage setting, Keeping slippage tight prevents your trade from executing at terrible prices.
Break large trades into smaller swaps Instead of swapping everything at once, split it into multiple transactions.
Verify the price impact, Most DEX platforms show the expected price impact before you confirm the trade. If it’s high, reconsider the swap.
A few seconds of checking these details can save you from turning millions into thousands.