Cryptocurrency Q&A What is the bid and ask spread in Bitcoin?

What is the bid and ask spread in Bitcoin?

CryptoAce CryptoAce Mon Dec 23 2024 | 7 answers 1610
I'm interested in understanding the concept of bid and ask spread in the context of Bitcoin trading. Specifically, I want to know what the current spread is for Bitcoin. What is the bid and ask spread in Bitcoin?

7 answers

Giuseppe Giuseppe Wed Dec 25 2024
It signifies the difference between the highest price a buyer is prepared to pay and the lowest price a seller is willing to accept.

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Valentina Valentina Wed Dec 25 2024
The bid-ask spread is a fundamental concept in financial markets.

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SeoulStyle SeoulStyle Tue Dec 24 2024
Conversely, a wider spread may suggest lower liquidity, making it harder to buy or sell assets without significantly impacting prices.

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BonsaiBeauty BonsaiBeauty Tue Dec 24 2024
This spread serves as an indicator of the trading cost on an exchange platform.

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SamuraiHonor SamuraiHonor Tue Dec 24 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to different trading needs.

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