Bid vs Order Book

Quick comparison to help you distinguish these two crypto terms.

Bid
beginner
market_structure

A bid is a buy order placed in an exchange order book specifying the maximum price a trader is willing to pay for a cryptocurrency at a given quantity.

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Order Book
beginner
market_structure

An order book is a real-time electronic list of all open buy and sell orders for a cryptocurrency on an exchange, organized by price level and continuously updated.

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