Hello Family 👷‍♀️👷‍♂️ #Binance #BidAsk

The average price in trading operations on Binance can vary due to several factors, mainly related to the dynamics of supply and demand and the impact of executed orders, such as the bid-ask spread and slippage.

Here are the main reasons:

Supply and demand:

The price of cryptocurrencies, like Bitcoin, is determined by the law of supply and demand. An increase in demand tends to drive the price up, while a decrease drives it down. Binance, like other exchanges, reflects these market fluctuations, so the average price can change depending on when trades are executed.

Bid-ask spread and slippage:

The buying price (bid) and selling price (ask) can differ, creating a bid-ask spread. When executing trading orders, especially large ones, slippage may occur, which is the difference between the expected price and the actual execution price. This can lead to variations in the average price of trades.

Market conditions:

Market fluctuations, both short-term and long-term, can affect the average price. External factors such as news, geopolitical events, or market sentiment can cause significant variations.

Algo Orders:

Algo orders, while designed to optimize order execution and reduce costs, are not exempt from market risks and may not always work as intended.

In summary, the average price in trading operations on Binance is subject to continuous variations due to normal market mechanisms and the specific dynamics of each trade.