#交易流动性 High liquidity—typical in pairs like BTC/USDT—means tight bid‑ask spreads, fast order execution, low slippage, and deep order books . This ensures smoother trading and fairer prices. In contrast, low‑liquidity altcoins can suffer wide spreads, slow fills, and higher slippage . Binance’s large user base and market‑maker support contribute to deep liquidity across major pairs . Smart traders monitor liquidity metrics—volume, spreads, and order‑book depth—to optimize entry and exit strategies and reduce execution risk.