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Ask Price Meaning

The ask price is the lowest price at which a seller is willing to sell an asset in a market. A trade is completed when a buyer’s order matches the seller’s ask.

In contrast, the bid price represents the highest price a buyer is willing to pay. The difference between the two is the bid-ask spread, a measure of liquidity.

In cryptocurrency markets, bid and ask prices populate the order book of exchanges. Market participants choose between:

Efficient markets tend to have tighter spreads, indicating deeper liquidity and lower transaction costs.

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