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Bid Ask Spread ExplainedBuyers purchase at the best bid price, while sellers sell at the best ask price. In both situations, these prices represent the market prices. Master crypto trading with insights on bid-ask spread, slippage, and liquidity. Learn strategies to optimize trades and minimize negative impacts. The bid and ask prices are the prices at which other buyers are willing to buy and sellers are willing to sell. Buyers bid and sellers ask (or offer). When.