🌊 Pacifica Trading Terms — Bid vs Ask Every orderbook has two sides: 🔵 Bid The highest price a buyer is currently willing to pay. 🔴 Ask The lowest price a seller is currently willing to accept. Example: Best Bid: $99.90 Best Ask: $100.00 That means buyers are offering $99.90, while sellers want at least $100.00. The difference between them is called the Spread. Why does this matter? A tighter Bid–Ask gap usually means: ⚡ Better liquidity 💰 Lower execution cost 📊 More efficient price discovery In simple terms: Bid = Buyers waiting Ask = Sellers waiting When a market order arrives, it usually executes against the opposite side of the orderbook. Next: Bid–Ask Spread — one of the simplest ways to understand market liquidity. #Pacifica #Trading #Perps #DeFi @pacifica_fi @KR_Pacifica