#Liquidity101 liquidity on Binance refers to the ease with which you can buy or sell a digital asset without significantly affecting its price. In other words, it is the ability to convert an asset into cash or another asset quickly and without large losses.
*Why is liquidity important?*
- It allows for smooth and efficient transactions
- It provides a fair valuation of assets
- It contributes to market stability
- It offers flexibility and accessibility to investors