I'm wondering about the implications of a cryptocurrency having low liquidity. What does low liquidity indicate in the context of crypto assets?
5 answers
noah_doe_writer
Fri Nov 29 2024
In financial terms, liquidity refers to the ability to convert an asset into cash quickly and easily.
Stefano
Fri Nov 29 2024
For low liquidity altcoins, this is not the case.
Giulia
Fri Nov 29 2024
Low liquidity altcoins are cryptocurrencies that have minimal trading activity.
Nicola
Fri Nov 29 2024
This means that these altcoins are not frequently traded on exchanges.