What Is an Order Book?
An order book is the live list of buy and sell orders for an asset on an exchange. It shows supply,
demand and liquidity.
1
Bids and asks
Buyers below the price, sellers above it.
2
Shows depth
How much sits at each price, and where it is thin.
3
Liquidity map
A deep book absorbs big trades; a thin one gaps.
Source: CFGI
Crypto