What Is the Spread in Crypto Trading?

Spread in crypto trading refers to the difference between the bid and ask prices for a particular asset. The bid price is the highest price a buyer is willing to pay for an asset, while the asking price is the lowest price a seller is willing to accept. The spread is the difference between these two prices, representing the cost of trading that asset. For example, let's say that the bid price for Bitcoin is $30,000, and the asking price…