Want to understand what the order book shows on an exchange?

The order book is a list of orders: buy orders (bids) appear on the left, and sell orders (asks) appear on the right. Each level shows how much another user is willing to pay or receive, and at what price. For example, if you see several $BTC bids at $80,390, it means many people want to buy at that price; if the asks are at $80,420, there are sell offers at that level.

Do you have any questions about this?

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