Ask
Price at which sellers are willing to sell an asset.
Beginner-friendly explanation
The 'ask' price is the price at which you can immediately buy a crypto on the market. Example: If Bitcoin’s ask price is $30,100, that's the minimum price you can buy it at immediately.
Intermediate-level insight
The ask price is the current best seller’s offer in the order book. It updates constantly based on sellers’ orders. Example: If the order book shows an ask of $1,250 for Ethereum, it means the lowest-priced seller is offering at that price. If you place a market order, you immediately buy at that price.
Advanced perspective
The ask represents the lower limit of the bid-ask spread. Detailed analysis of the order book (market depth) and associated ask volume helps evaluate immediate liquidity and optimize entry points, especially in scalping or high-frequency day trading. Example: In scalping, a trader closely monitors the ask and its associated volume to anticipate if an immediate resistance could obstruct their short-term entry.
Markets & Order Types
ask, selling price, seller, order book, spread, liquidity