TradingBeginner

Ask

A price at which a participant or trading system is prepared to sell an asset.

PLAIN-ENGLISH DEFINITION

In more detail

The best displayed ask is the lowest visible selling price in an order book. Its quantity limits how much can be bought at that level. A larger purchase may reach higher asks, so the lowest displayed price does not necessarily apply to the whole planned trade.

IN THE WILD

How you might use it

"One unit is available at the 101 ask. Buying more means checking the next sell levels too."

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By Crypto Dictionary · Published · Updated

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