I want to know how to check the liquidity of my Bitcoin. I'm looking for a way to confirm the ease of converting my
Bitcoin into cash or other assets without affecting the market price too much.
7 answers
GyeongjuGloryDaysFestival
Sun Dec 08 2024
To assess the liquidity of Bitcoin, one needs to consider several factors.
NebulaPulse
Sun Dec 08 2024
One critical aspect is Bitcoin's trading volume.
Michele
Sun Dec 08 2024
A higher trading volume indicates greater liquidity.
Lorenzo
Sat Dec 07 2024
Another factor to consider is the spread between buying and selling prices.
SumoPowerful
Sat Dec 07 2024
A wider spread often signifies less liquidity.