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  • 1️⃣ Open the Main Menu:
  • 2️⃣ Select Slippage Settings:
  • 3️⃣ Choose between defaults and custom
  1. Products
  2. Trench Bot v0.1
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Slippage

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Last updated 3 months ago

Slippage is the difference between the expected price of a trade and the actual price at which it is executed. This occurs when there isn’t enough liquidity or when the market moves quickly, causing you to pay more (or receive less) than anticipated.

Low Slippage: Reduces the risk of overpaying, but can lead to failed transactions if the market moves too fast or there isn’t enough liquidity at the set price.

High Slippage: Increases the likelihood of your trade going through but at the cost of potentially paying much more than you originally intended.

1️⃣ Open the Main Menu:

  • Use the /start command in a direct message with Trench Bot to access the main menu.

  • Select Settings.

2️⃣ Select Slippage Settings:

  • Tap Slippage Settings to adjust your settings.

3️⃣ Choose between defaults and custom

  • View the two default options (10% or 15%)

  • If needed, select Custom and set your own slippage to fit your strategy.