Bitcoin bid and ask

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Asked 5 years, 6 months ago. Active 3 years, 4 months ago.

Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature

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api - How is BID and ASK Calculated for crypto currencies? - Bitcoin Stack Exchange

The BUY price is the price at which the trade is done. As Zen pointed out, the best way to think about this is to imagine a person trying to buy a can of soda. The price for which the seller is willing to sell the soda is the ASK price.

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• Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature.

The price for which the buyer is willing to buy the soda is the BID price. Should you buy? Sign up for our daily newsletter.

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The ASK price will typically decrease as demand decreases. The ASK price is dependent on the daily trading volume.

Bitcoin can be sold above the ASK price, but never below it.