Glossary - ChicksX

Order Book is a real-time list displaying buy and sell orders for a specific asset on an exchange.

Order Book is a dynamic, real-time list of all buy and sell orders for a specific asset on an exchange platform. It is divided into bids (buy orders) and asks (sell orders), showing quantities and prices traders are willing to transact. The order book helps determine market depth and liquidity, offering insight into price trends and potential market movements. Traders use this information to make informed trading decisions. The balance between buy and sell orders affects price fluctuations, playing a crucial role in the trading ecosystem.