Bitcoin bid/ask spread is.... huge

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#1

Currently 11850/12280, that’s crazy, especially when the underlying GBP/EUR and EUR/BTC spreads (assuming GBP/EUR on Bitstamp) are both tiny.

I know you need to account for some volatility as you’re acting as an intermediary, but that’s a ~4% spread: why is the price difference so huge?

3 Likes
#2

I would love to know he answer to this too. It makes using the feature far too risky.

#3

Same here…Just bought for 1€ Ether for 695.
And sell is 675€ :scream:

Why is the spread so huge?

1 Like
#4

The spread is still huge. Around 3% today. Is there no further info about why the spread is so large and when this might be rectified?

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