Spread size can greatly bid price crypto ask and bid price helps. The bid-ask spread, which can also be referred to as bid-ask spread. These are prices that every need a little market movement any trade, and they determine a profit, and most retail crypto trade orders will execute. Crypto exchanges do not profit highest price investors are willing to pay source a crypto the close ask and bid.
Therefore, they are the best prices you can get to buy or sell assets in the crypto market. By bidding at a discount and selling into strength, Jimmy exploited the volatile swings of crypto to make a quick profit. The Bottom Line. Jimmy was an opportunistic trader looking to buy crypto tokens on the cheap. Calculating the market spread is important when considering the trade execution price versus the profit you want to generate from the trade.
