June 29, 2022

Ask Price & Bid Price

What is Ask Price & Bid Price?

The ask price, also known as “offer,” is the lowest price for which a seller will agree to sell a product, a share of stock, or security. It is usually lower than the bid price, which is the maximum price a buyer is willing to pay for the asset.

Understanding Ask Price

For a sale to take place, a buyer and a seller must come to an agreement on the price, which is usually a quote between the ask price and the bid price. The difference between the ask price and the bid price is called “spread” and it’s believed to be an important indicator of asset liquidity.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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Karolina Gaszcz
Karolina Gaszcz

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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