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First Mover: Binance's Shrinking Trading Spreads and Bitcoin's Jackson Hole Fizzle

Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

Updated Sep 14, 2021, 9:49 a.m. Published Aug 28, 2020, 1:14 p.m.
Shrinking Binance bid-offer spreads might reveal crypto markets maturing. (Rednuht/Creative Commons, modified by CoinDesk)
Shrinking Binance bid-offer spreads might reveal crypto markets maturing. (Rednuht/Creative Commons, modified by CoinDesk)