#交易对 Liquidity

Liquidity is an indicator that measures the trading activity and market depth of a trading pair. High liquidity trading pairs, such as BTC/USDT, ETH/USDT, etc., have a large number of buy and sell orders, making transactions easy to execute, with a small bid-ask spread, allowing investors to quickly buy and sell at levels close to the market price. In contrast, low liquidity trading pairs may have larger bid-ask spreads, making execution more difficult, and large trades may significantly impact the price.