Extremely High Spreads in Crypto

Hi,

there’s another thread about this topic from October 2021, but I wanted to bring this up in Products Section and ask if there’s been any new developments.

There is an extremely high spread on all crypto assets, that basically makes trading impossible for most strategies. To the point that it makes Alpaca not having fees basically pointless.

As far as it concerns Coinbase specifically, if the API can be switched to Coinbase Pro, I believe the problem will be solved, since I am getting spreads of $0.01 on ETHUSD most of the time from their API.

Can we expect to either have access to more exchanges or have the spread issue fixed soon?

1 Like

Coinbase pro doesn’t have a minimum of 0.5% spread?

Hi,

Thank you for contributing! We have a dedicated discord focused solely on Crypto related queries with an active community and more engagement. Feel free to join via the invite link below;

Best,