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How to Calculate Spreads
What is Spread and how to calculate it?
A spread is the difference between the ask and the bid price. For example, if the Bitcoin to US dollar is trading with an ask price of 23291.96 and a bid price of 23308.51, then the spread will be the ask minus the bid price.
23308.51 - 23291.96 = $16.55
The spread is is always calculated in the quote (second) currency of the pair being traded.
CryptoAltum calculates the Spread in Points. A point in Cryptocurrency Trading is the last decimal place of the price.
If the Spread of BTCUSD is 1655, the calculated spread will be $16.55
If the Spread of BTCETH is 14,the calculated spread will be 0.00014 ETH
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This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
CryptoAltum does not accept any clients under the age of 18.