Can the price of my cryptoassets be affected by market changes while selling them for cash?

Sometimes, when a trade does not happen instantly, a phenomenon known as slippage may occur. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed.

Slippage can occur due to price fluctuations in the crypto market during the time it takes to sell the crypto for GBP, EUR, AUD or USD.

This means the final conversion rate might differ from what was initially estimated if the process isn’t instantaneous. To protect our clients from excessive slippage, etoro offers a maximum slippage guarantee, ensuring that the slippage on crypto-to-GBP or EUR conversion will not exceed 5%.  If slippage occurs beyond 5%, you will receive the difference of the slippage within two business days directly into your GBP or EUR account.

This means you will receive at least 95% of the expected value of your cryptoassets when converting to GBP or EUR (fiat currency).