Trading & Technical Analysis
What is an order book in crypto trading?
An order book in crypto trading is a real-time list of all outstanding buy and sell orders for an asset, organized by price level. It shows bids on one side and asks on the other, letting traders see available liquidity and where demand and supply sit. For example, a book might show 50 units bid at 100 and 30 units offered at 100.2, revealing how much can trade at each price. The depth of an order book, meaning how many orders rest near the current price, indicates how easily a position can be entered or exited without moving the market much.
Related terms
Ready to go beyond the definition?
Join the waitlist for early access to the QSI Crypto Indices.