Ask vs Bid

Quick comparison to help you distinguish these two crypto terms.

Ask
beginner
market_structure

An ask is a sell order placed in an exchange order book specifying the minimum price a trader is willing to accept for a cryptocurrency at a given quantity.

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Bid
beginner
market_structure

A bid is a buy order placed in an exchange order book specifying the maximum price a trader is willing to pay for a cryptocurrency at a given quantity.

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