Man beside a laptop and a cup of tea

What is liquidity in crypto? Why it changes the price you get

By SendPay Business · · 2 min read

Your numbers, worked out
  1. Type in your own numbers
  2. The tool works it out
  3. See the answer clearly

Liquidity is how easily a coin can be bought or sold without moving its price much. A coin with lots of buyers and sellers is liquid; one with few is not, and trading it can cost more than the price on the screen suggests.

How to see liquidity

The order book shows the buy and sell orders waiting at each price. A deep book, with large orders close to the current price, means good liquidity. The spread, the gap between the best buy and best sell price, is usually small when liquidity is good.

Man smiling while using a laptop

Why low liquidity costs you

When there are few orders, a large trade eats through several price levels, so the average price you get is worse than the one you saw. This is called slippage. Wide spreads also mean you lose more the moment you buy.

Try it

Name your platform and watch it come to life

Type a name, tap a colour and pick what it does. The phone changes as you go.

Colour

What it does

Build mine

Design and preview your whole platform free, then launch when you are ready.

How to check before you trade

0 of 4 done

Tick each step as you do it, so you can see what is left.

Your ticks are saved on this device.
Woman in a blue shirt using a laptop

Where SendPay fits

SendPay platforms let your customers buy, sell and hold crypto inside your own branded app, with assets held with regulated partners and a trading fee you set. SendPay tells you in writing which licences apply to your platform before you launch.

Woman seated, using a laptop

How it works

Your own money app
  1. Name it and pick your colours
  2. Choose what it does
  3. Launch when you are ready

Why sign up

Create your free SendPay account

It's all about creating your own financial platform with ease. Start with a free account today.

  • A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
  • Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
  • A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
  • Your own financial platformDesign and preview your whole platform free, then launch when you are ready.

SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.

Questions people ask

What price would a market order get?

See how an order fills level by level and what slippage it causes.

Order book calculator →
What did slippage cost me?

Compare the price you expected with the price you got.

Slippage calculator →
What is slippage?

Getting a different price than expected.

What is slippage? →
What is an order book?

The list of waiting orders.

Order books →
What is a limit order?

An order at a set price.

Limit orders →

Read next

Spotted a mistake or something out of date? and we'll fix it. How our guides are made

This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.