#CryptoFees101 For Individuals: It's about having enough readily available cash (or assets that can quickly become cash) to cover your everyday expenses, emergencies, and unexpected opportunities. Your checking account is highly liquid; your house, not so much.

* For Businesses: It's crucial for paying suppliers, employees, and managing day-to-day operations. A business with good liquidity can weather economic storms and seize growth opportunities.

The Simple Takeaway:

High liquidity means you have easy access to cash. Low liquidity means your money is tied up in assets that are harder to sell quickly.