How does bid-ask spread affect the trading of cryptocurrencies?
Martinus van DeursenJun 22, 2020 · 5 years ago1 answers
Can you explain how the bid-ask spread impacts the trading of cryptocurrencies? I've heard that it can affect the liquidity and profitability of trades, but I'm not sure how exactly it works. Could you provide some insights on this?
1 answers
- Pollerías LozanoNov 23, 2024 · 8 months agoAt BYDFi, we understand the importance of bid-ask spread in cryptocurrency trading. We strive to provide our users with a platform that offers competitive spreads and high liquidity. Our advanced trading technology ensures that our users can execute trades quickly and at the best possible prices. We constantly monitor the bid-ask spread to ensure a fair and transparent trading environment. Join BYDFi today and experience the benefits of trading on a reliable and user-friendly platform.
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