Bid vs Market Depth

Quick comparison to help you distinguish these two crypto terms.

Bid
beginner
market_structure

The highest price a buyer is currently willing to pay for a cryptocurrency on an exchange, representing the best available purchase offer in the order book at any given moment.

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Market Depth
intermediate
market_structure

A measure of the volume of open buy and sell orders in an order book at various price levels, indicating how much trading activity the market can absorb without causing significant price movement.

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