What is the average ask size for altcoins?

3 answers

• Mar 06, 2022 · 3 years ago
  The average ask size for altcoins can vary depending on the specific altcoin and market conditions. Generally, altcoins with higher market capitalization tend to have larger ask sizes compared to smaller altcoins. It is important to note that ask sizes can change rapidly as buy and sell orders are executed. Traders should keep an eye on the order book and market depth to gauge the current ask size for a particular altcoin.
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• Mar 06, 2022 · 3 years ago
  When it comes to altcoins, the average ask size can be influenced by factors such as liquidity, trading volume, and market sentiment. Altcoins with higher liquidity and trading volume are likely to have larger ask sizes as there is more demand and supply in the market. Additionally, market sentiment can also impact the ask size, with bullish sentiment leading to larger ask sizes as more traders are willing to sell their altcoins at higher prices.
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• Mar 06, 2022 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the average ask size for altcoins is around 100-500 altcoins per sell order. However, it is important to note that this can vary depending on the altcoin and market conditions. Traders should always check the current ask sizes on the exchange platform they are using to get the most accurate and up-to-date information.
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