#Liquidity101
In simple terms, liquidity in crypto means how easily and quickly an asset can be bought or sold without significantly changing its price. High liquidity, like on Binance, means smoother trades, tighter price spreads, and less slippage.What is the Binance in simple words?
With low fees and over 400 cryptocurrencies to trade, Binance is the preferred exchange to trade Bitcoin, Altcoins, and other virtual assets. With Binance users can: Trade hundreds of cryptocurrencies on Spot, Margin, and Futures markets. Buy and sell cryptocurrencies with Binance P2P.Binance Holdings Ltd., branded Binance, is the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software.
How do you explain liquidity?
Liquidity definition:
What is liquidity? Liquidity refers to the ability of a company or an individual to settle short-term liabilities easily and on time. It reflects how quickly and efficiently assets can be converted into cash without losing significant value.