Discover how Decentralized Finance (DeFi) impacts the accounting industry, the role of crypto accounting, and the features of dedicated crypto accounting software.
Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. In crypto markets, coins with higher trading volumes typically have higher liquidity. This can impact the ease of trading and valuing crypto assets.
Bitcoin has high liquidity because large amounts can be bought and sold without significantly impacting the price