#Liquidity101
Here's a 101 on liquidity in Binance:
**Liquidity 101 on Binance**
Liquidity measures how easily you can buy or sell an asset *without drastically changing its price*. Think of it as market "thickness".
* **High Liquidity (e.g., BTC/USDT):** Many buyers and sellers constantly placing orders. Benefits:
* **Tight Spreads:** Small difference between highest bid & lowest ask.
* **Minimal Slippage:** Market orders execute near expected price.
* **Price Stability:** Large trades don't cause huge price swings.
* **Low Liquidity (e.g., new altcoins):** Fewer orders. Results in:
* Wider spreads.
* Significant slippage on market orders.
* Large orders moving the price significantly.
**Why Binance Excels:** It aggregates millions of users, creating deep **order books** (all bids/asks) for major pairs, offering superior liquidity vs smaller exchanges. 💧💰