💧 What is liquidity in crypto?
It is the ease and speed of buying or selling a cryptocurrency at a price close to its market price.
Why is it important?
- Ease of buying and selling: You can exit your investment at any time.
- Price stability: Protects against violent fluctuations and manipulation.
- Lower costs: Low spreads.
How do you measure it?
Look for the trading volume over 24 hours on CoinMarketCap. The higher the volume, the greater the liquidity.
Do not invest in an illiquid coin, as you may find yourself stuck.
$SOL
SOLUSDT
Perp
84.86
+0.20%
$ETH
ETH
1,993.3
+0.82%
$SUI
SUIUSDT
Perp
0.9644
-0.32%