You can change the speed of a clip, or portion of a clip by choosing the Speed tab. For Mac it is located at the top of the screen and for iOS it is at the bottom. On a Mac you have the option of changing the entire clips speed rate, choosing portions of a clip to change the speed rate, or playing a clip in reverse. On iOS the speed adjustments are more limited. You can drag the slider towards the turtle to make the clip slower, or towards the rabbit to make the clip faster.
Mac
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iOS
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