Demant EasonDec 27, 2021 · 3 years ago6 answers How do you define spread statistics in the context of digital currencies?
In the world of digital currencies, spread statistics refer to the difference between the highest bid price and the lowest ask price for a particular cryptocurrency pair. It represents the liquidity and market depth of the cryptocurrency exchange. Spread statistics are important indicators for traders as they provide insights into the market volatility, trading volume, and potential profitability. How can we define spread statistics in the context of digital currencies?