Bid-Ask Spread
What is Bid-Ask Spread?
The difference between the ask price and the bid price for a marketable item is known as the bid-ask spread. The difference between the highest price a buyer is ready to pay for an item and the lowest price a seller is willing to take is known as the bid-ask spread.
The person who wants to sell will get the bid price, and the person who wants to purchase will pay the ask price.
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