The offer/ask price, also known as the ask or offer, is the price at which a trader can buy an asset in the market. It is the opposite of the bid price, which is the price at which a trader can sell an asset in the market. The ask price is the lowest price that a seller is willing to accept for a particular asset, and it is typically higher than the bid price. The difference between the bid and ask price is called the bid-ask spread, which represents the cost of trading the asset. The bid-ask spread can vary depending on various factors, including the level of liquidity in the market and the size of the transaction.