Bid-Ask Spread vs Bid Price

Quick comparison to help you distinguish these two crypto terms.

Bid-Ask Spread
beginner
market_structure

The bid-ask spread is the price difference between the highest buy offer and the lowest sell offer in the order book, representing the immediate cost of trading.

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Bid Price
beginner
market_structure

The bid price is the highest price a buyer is currently willing to pay for a cryptocurrency, as displayed in the exchange order book.

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