Order book trading is a more advanced way to buy and sell cryptocurrencies compared to the traditional quick buy/sell interface. Instead of executing a trade instantly at the current market price, you can now view live market data and place different types of orders directly in the order book.
With order book trading, you’ll see:
• Order depth – a visual representation of supply and demand at different price levels.
• Bid and ask prices – showing the current offers to buy (bid) and sell (ask).
• Price chart – a graph showing historical price movements and market activity.
This gives you greater control over your trades, letting you set your own prices and trading strategies. You can place market orders and limit orders.