● An order book is a list of orders that presents different offers from buyers and sellers for
a specific cryptocurrency.
● It shows the prices and volumes that people in the market are willing to buy and sell the
security.
● An order book shows the buy and sell prices in real-time (constantly being updated). It
allows market participants to make informed decisions.
● Moreover, it helps market participants understand the market trends and dynamics over
time.
● An order book is a useful tool for traders. Learning how to read it can help traders
tremendously in understanding the market they’re currently trading in or about to enter.
● Studying the order book in the long term enables traders to know whether or not the
market of a security is healthy.
The more information traders can learn about the market, the more informed decisions they can make about their orders.
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