How does crypto com calculate the spread?

3 answers

• Mar 08, 2022 · 3 years ago
  Crypto com calculates the spread by taking into account several factors. These factors include the liquidity of the market, the trading volume of the cryptocurrency, and the supply and demand dynamics. They use advanced algorithms to analyze these factors and determine the optimal spread value. This ensures that traders get fair and competitive prices when buying or selling cryptocurrencies on the platform.
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• Mar 08, 2022 · 3 years ago
  When calculating the spread, crypto com considers the bid and ask prices of the cryptocurrency. The bid price is the highest price a buyer is willing to pay, while the ask price is the lowest price a seller is willing to accept. The spread is the difference between these two prices. Crypto com aims to keep the spread as narrow as possible to provide traders with better trading opportunities and minimize their trading costs.
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• Mar 08, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, calculates the spread in a similar way. They take into account market liquidity, trading volume, and supply and demand dynamics to determine the spread value. BYDFi also uses advanced algorithms to ensure fair and competitive prices for traders. With BYDFi, you can expect transparent and efficient trading with tight spreads.
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