Learn / Order Book

What is Order Book in crypto?

The live list of buy and sell orders waiting to be filled at each price.

Definition

The order book is the real-time ledger of all open limit orders for a market: bids (buyers) on one side, asks (sellers) on the other.

How it works

The gap between the best bid and best ask is the spread. Large resting orders — walls — can act as short-term support or resistance. Reading the book shows where liquidity sits and how hard price would be to push through a level.

Track order book on TRIXO

TRIXO shows a live order book for every pair, updating in real time next to the chart.

Open the TRIXO terminal →