Order Book

An order book in crypto refers to a digital ledger or record of all buy and sell orders that have been placed for a specific cryptocurrency on a particular exchange.

It is divided into two parts: the bid side, which shows the highest price that buyers are willing to pay for the assets, and the ask side, which shows the lowest price that sellers are willing to accept. The highest bid price is matched with the lowest ask price to execute a trade.

The order book can be used by traders to get a sense of the current market sentiment, and to identify potential buying or selling opportunities.

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