How Does the Concept of “Slippage” in Trading Compare to an Unconfirmed Zero-Fee Crypto Transaction?
Slippage in trading occurs when an order is executed at a price different from the expected or requested price, typically in fast-moving or illiquid markets. An unconfirmed zero-fee crypto transaction is similar in that the intended outcome (confirmation) is uncertain and delayed.
The risk of slippage is analogous to the risk of a zero-fee transaction being dropped or requiring a much higher fee later. Both represent a cost or failure of execution due to a lack of sufficient incentive or liquidity at the time of submission.
In both cases, the user's initial desired outcome is not guaranteed.