Does the type of asset affect the spread on Pluang?
Yes, the type of asset affects the spread on Pluang. Widely traded, highly liquid assets — such as major cryptocurrencies like Bitcoin and Ethereum, or shares in large, well-known companies — generally have narrower spreads, because many buyers and sellers compete to trade close to the current price. Less widely known or newly listed assets tend to have wider spreads, because fewer participants trade them and the offers that are available sit further apart. The spread is the gap between the highest price a buyer will pay (the bid) and the lowest price a seller will accept (the ask); with less liquidity, that gap widens to compensate for greater risk and uncertainty. The type of asset sets a baseline, but it isn't the only factor: the same asset's spread still moves with volatility, time of day and your order size. Before you confirm any trade on Pluang, the buy and sell prices shown reflect that asset's spread at that moment, so you can compare them first.
Typical spread by asset characteristic
| Asset characteristic | Typical spread | Why |
|---|---|---|
| Major, heavily traded assets | Narrower | Many buyers and sellers quote prices close together |
| Smaller or less widely known assets | Wider | Fewer participants, so offers sit further apart |
| Newly listed assets | Often wider at first | Trading activity is still building up |
How to compare spreads between two assets
Divide the gap between the buy price and the sell price by the price. For example, a coin with a buy price of Rp10,100 and a sell price of Rp9,900 has a spread of Rp200 on a price of about Rp10,000, or about 2%. A coin priced around Rp1,000,000 with a Rp2,000 gap has a spread of about 0.2%. Comparing percentages rather than Rupiah amounts shows which one is actually cheaper to trade.
- Liquidity can change over time. A newly listed asset's spread can narrow as more people trade it, and a well-known asset's spread can widen if trading in it slows.
Related questions:
Q: Why does a small coin have a bigger gap between the buy and sell price?
Because fewer people trade it. With fewer buyers and sellers, the best offers on each side sit further apart, and anyone quoting a price takes on more risk that it moves before they can trade out again. Both push the spread wider. It is not a separate charge for smaller coins; it is the natural result of thinner trading. If the coin attracts more trading activity over time, its spread can narrow.
Q: Do newly listed assets always have wider spreads?
Not always, but often at first. A new listing starts with a limited number of buyers and sellers, so offers tend to sit further apart than for an established asset. As trading activity builds, more participants quote prices closer together and the spread can narrow. How quickly that happens varies from one asset to another, so the buy and sell prices shown before you confirm are the best guide to its spread at any given moment.
Q: Does a narrow spread mean an asset is safer?
No. The spread measures how costly it is to trade an asset at a given moment, based on liquidity — not how likely its price is to rise or fall. A heavily traded asset with a narrow spread can still move sharply in price, and a thinly traded asset with a wide spread is not necessarily riskier as an investment. Treat the spread as a trading cost, and look at the asset's own information and risks separately before you decide.
Q: Is the spread on Bitcoin the same as the spread on a smaller coin?
Usually not. Bitcoin is among the most heavily traded cryptocurrencies, so its spread is typically narrower than that of a smaller or newer coin. Even so, Bitcoin's spread is not fixed: it still widens during volatile moments or quiet periods, as any asset's does. On Pluang, crypto uses a floating spread that varies with each asset's liquidity, market volatility, market conditions and transaction volume, so each coin's spread reflects its own trading at that moment.