What Is Slippage?

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What Is Slippage?

Ray and Tim, from Bees.Social, answer another person’s question regarding slippage. They answer buy explaining that an individual might confirm a transaction (ex. Selling ETH at $4100.00) and by the time the transaction is actually finalized the price of ETH has dropped to $4000. The drop in price, from $4100-$4000, during the processing of the transaction is called slippage. The system allows for a given amount of slippage and a person can see the amount of slippage allowed before completing a transaction.

0:00 - 0:11 Intro
0:12 - 1:23 What is Slippage?

On January 29, 2021 BEES SOCIAL was launched. Bees Social was created to revolutionize the way companies take their ideas public. https://Bees.Social is a neutral platform where all are welcome to come and learn about new projects from the founders themselves. The door will be open for individuals or groups of people.


Just imagine the Swarm will be like a Venture Capitalists Firm on steroids of real everyday people around the world. The Swarm will dictate what project they would like to see and are interested in. The Companies will get a real feel of the market that is receptive to their concept.


What is Venture capital (VC)? Venture capitalists invest in infant companies in exchange for an ownership in the company. Before Bees Social this opportunity was open just for a select few. It will not matter where an individual takes part of the Swarm whether an individual is in New York City USA or in Lagos Nigeria.


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https://podcasts.apple.com/us/podcast/the-swarm-unplugged/id1563240346
https://medium.com/opes-dot-finance


Who is BEES.Social
"We are a community of retail investors that are educating themselves, supporting others, and profiting from cryptocurrency investing. We're normal people seeking to take control of our personal finances... we are growing significantly, by inviting friends and family to join us and learn about the cryptocurrency ecosystem."


Why BEES.Social
"We are not an investment group, nor are we day-traders... as a community we recognize that effective communication, respect, transparency and sharing of information builds a strong community... to that end, we are a group that has invited friends and family to participate, so we can grow together..."

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