Brenda Posted October 9, 2022 Share Posted October 9, 2022 An Order Book - Bids and Asks On A Crypto Exchange: A 'BID' comes from a buyer who wants a certain number of Guapcoins (or i.e. shares when dealing with stocks) for a specified price. An 'Ask' comes from a seller who wants a specific price for their Guapcoins (or i.e. shares when dealing with stocks). A Trade Spread is the gap between the highest bid offer and the lowest ask offer on an order book. A major spread is indicative of low liquidity. Low Liquidity will make it more difficult to convert your Guapcoins into other crypto/tokens or cash fiats (USD, etc.). Link to comment Share on other sites More sharing options...
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