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Crypto News QuestionsCategory: Cryptocurrency Termswhat is the meaning of ask price
Igbaji Chinwendu Staff asked 5 years ago

what is the meaning of Ask Price?

1 Answers
Igbaji Chinwendu Staff answered 5 years ago

Meaning: Ask Price is the price a seller is willing to accept for a cryptocurrency. Along with the price, the ask quote will generally also stipulate the number of units of such cryptocurrency willing to be sold at that price. When somebody matches the Ask Price, an order is made.
Term used in a sentence: Your trading technique is really weird my friend. Your ask price is completely unreasonable, nobody will buy it at that price.