Crypto Talk: Spread
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A “spread” is the difference between the best buy price and the best sell price of a cryptocurrency.

Imagine you have become the owner of a currency exchange. Customers come to you and can buy dollars at a certain price, but if they want to exchange dollars back, you offer them a slightly lower price. The difference between those two prices is the spread!

In the world of cryptocurrencies, spreads play an important role among traders. It is like a navigator that helps us to assess the “weather” in the market.

If the spread is small, it means the market is stable and you can buy and sell cryptocurrency without large additional costs.

If the spread is large, it means that this asset is “volatile,” and with each trade, you can lose more because of these additional costs.

Honestly, if you are a beginner and not a trader, you shouldn’t dive too deep into this topic =) But you should have a general idea about the spread!
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