Cryptocurrency Q&A What is the difference between mark and bid?

What is the difference between mark and bid?

Elena Elena Mon Dec 02 2024 | 6 answers 1402
I'm trying to understand the distinction between the terms 'mark' and 'bid' in a specific context. Could someone explain the difference between these two terms? What is the difference between mark and bid?

6 answers

HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Wed Dec 04 2024
As a buyer, you would pay less compared to the ask price, resulting in cost savings.

Was this helpful?

48
87
GyeongjuGlorious GyeongjuGlorious Wed Dec 04 2024
The mark price represents a midpoint between the bid and the ask.

Was this helpful?

332
46
CryptoPioneer CryptoPioneer Wed Dec 04 2024
Taking an options contract as an example, if the bid is $2.00 and the ask is $2.10, the mark price would be calculated as $2.01.

Was this helpful?

278
48
henry_taylor_architect henry_taylor_architect Wed Dec 04 2024
This pricing mechanism offers advantages to both buyers and sellers in the market.

Was this helpful?

220
54
Davide Davide Tue Dec 03 2024
Conversely, as a seller, you would receive more than the bid price, translating to higher profits.

Was this helpful?

394
82
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts