Bid vs Spread

Quick comparison to help you distinguish these two crypto terms.

Bid
beginner
market_structure

The highest price a buyer is currently willing to pay for a cryptocurrency on an exchange, representing the best available purchase offer in the order book at any given moment.

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Spread
beginner
market_structure

The difference between the lowest ask price and the highest bid price for a cryptocurrency on an exchange, representing the immediate cost of executing a trade at current market prices.

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