A market screen usually combines last price, bid, ask, percentage change and volume. Each number answers a different question.
The last traded price is useful context, but bid and ask are more relevant to immediate execution. Percentage change summarizes movement over a chosen period.
How it works
- 1. Identify the quote currency.
- 2. Read bid and ask separately.
- 3. Check the selected time period for percentage change.
- 4. Use volume only in the context of the venue/source.
- 5. Open the chart when a single number is not enough.
What matters most
- Price sources can differ slightly.
- A 24-hour percentage change is not a forecast.
- The most actively traded assets often have tighter spreads.
- Long-tail assets may have thinner liquidity.
Practical example
BTC/USDT at 60,000 means one BTC is priced around 60,000 USDT. A +3% 24-hour change means the current price is roughly 3% above the comparison price from 24 hours earlier.
Common mistakes to avoid
- Confusing 24h change with today’s calendar-day return.
- Treating last price as guaranteed execution.
- Comparing prices from different quote currencies without adjustment.
- Ignoring spread.
Using this on Chaintreda
Chaintreda Markets combines crypto and commodity watchlists and routes selected instruments into the relevant trading workspace.
Related markets
Frequently asked questions
What is the bid price?
The bid is the highest readily available price a buyer is currently offering.
What is the ask price?
The ask is the lowest readily available price a seller is currently offering.
Why do exchanges show slightly different prices?
Each venue has its own orders, liquidity and participants, so small differences are normal.
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Risk note: This material is educational and does not constitute investment advice. Trading and digital-asset activity can result in losses. Use appropriate risk controls and only commit funds you can afford to lose.