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Ask Price

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The Ask Price is the price a trader is willing to pay for a particular currency pair (or Base Currency). Thus, the trader wants to sell the base currency as well as the quote/subsidiary currency. Thus, the Ask Price represents the price to be paid for one unit of that currency. It is often also referred to as the Offer or Buy Price.

The Bid Price is the price at which a currency trader can sell the respective base currency. The trader can therefore use it to calculate the profit he could make by selling immediately. The Bid Price is usually lower than the Ask Price. The term Sell Price is also commonly used.

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Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading with financial products (CFDs, Forex, Stocks, Cryptocurrencies, etc.) in general and with leveraged products especially is highly speculative and not suitable for all investors! The loss of your entire investment is possible. Never invest money you can`t risk losing! Decentralized and not regulated cryptocurrency markets are also a high risk and may lead to a significant loss.

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