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 →