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I just realized that many of you still don't fully understand what spread is in trading. Actually, this concept isn't very complicated; today I will explain it to you.
Simply put, what is spread? It is the difference between the bid price (the price buyers are willing to pay) and the ask price (the price sellers want to receive). That is, there is a small gap between these two prices.
Imagine you go to the market to buy apples. The buyer says, "I'll buy at 90 rubles," but the seller wants to sell at 100 rubles. That 10 ruble difference is the spread. How the spread works is easy to understand — it reflects the liquidity level of the asset.
What's interesting here? When the spread is small, you can trade more easily and quickly because the asset has good liquidity. But when the spread widens, it becomes harder to find a buyer or seller, and prices can fluctuate sharply.
Where will you encounter the spread? It appears everywhere — in stock markets, forex, cryptocurrencies. All trading platforms use the spread as a way to make profit, which is the difference between the buy and sell prices.
Looking at the current market, XRP is around 1.4373 USDT, BNB at 660.95 USDT, ORDI around 4.553 USDT. These coins have different spread levels depending on their liquidity. If you want to trade efficiently, you should choose assets with small spreads to avoid unnecessary losses.