What is Spread?
Spread is the difference between the bid and ask prices of an asset. The bid price here is the highest price at which an investor wants to buy an asset, while the ask price is at the lowest level when an investor wants to sell it.
|
Crypto Assets |
Buy Price (Bid) |
Selling Price (Ask) |
Spread |
|
Bitcoin (BTC) |
$29,950 |
$30,000 |
$50 |
When the highest purchase price (bid) of BTC is at $29,950 and the lowest selling price (ask) is at $30,000 then the spread on the crypto coin is at $50.