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Order Book A succinct definition of Order Book Order BookLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORDER BOOKCopy linkShare on TwitterShare on FacebookShare on LinkedinOrder BookIn cryptocurrency trading, an order book is a real-time, continuously updated list of buy and sell orders for a particular cryptocurrency. It displays the prices and quantities of these orders, organised in a way that helps traders understand the current market demand and supply at different price …
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…What Is an Order Book and How Does It Work? Order books are used by cryptocurrency exchanges to facilitate liquid and transparent trading. Learn what they are and how they work. What Is an Order Book and How Does It Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYTrading9 Apr 2024|BEGINNERS|8 MIN READWhat Is an Order Book and How Does It Work?Order books are used by cryptocurrency exchanges to facilitate liquid and transparent trading. Learn what they are and how they wor…
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Stop-Loss Order A succinct definition of Stop-Loss Order Stop-Loss OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSTOP-LOSS ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinStop-Loss OrderA stop-loss order lets traders dictate a specific price to buy or sell a cryptocurrency. These types of orders are primarily used as a way to limit a trader’s potential loss on a cryptocurrency. For example, if a trader were to set a stop-loss order at 20% below the price…
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…Traders using market orders prioritise the immediacy and certainty of trade execution over the price, whereas limit orders allow traders to delay their order execution (accepting the risk that it might never be executed) in return for their desired price. What Is an Order Book? Most centralised exchanges use order books, a collection of limit orders at which traders are willing to buy or sell. Essentially, it lists the number of units bid on or offered at each price point. For example, say a use…
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…Traders using market orders prioritise the immediacy and certainty of trade execution over the price, whereas limit orders allow traders to delay their order execution (accepting the risk that it might never be executed) in return for their desired price. What Is an Order Book? Most centralised exchanges use order books, a collection of limit orders at which traders are willing to buy or sell. Essentially, it lists the number of units bid on or offered at each price point. For example, say a use…
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OCO Order A succinct definition of OCO Order OCO OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOCO ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinOCO OrderAn OCO order, short for one-cancels-the-other, is a type of advanced order commonly used in cryptocurrency trading where traders set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.OCO orde…
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Iceberg Order A succinct definition of Iceberg Order Iceberg OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYICEBERG ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinIceberg OrderThe term ‘iceberg’ comes from the idea that an iceberg typically has only a portion of its entirety visible and that there might be much more hidden; the ‘tip of the iceberg’ is all it shows. Iceberg orders spread out large orders into small-sized limit orders, which are spl…
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Market Order A succinct definition of Market Order Market OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMARKET ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinMarket OrderA market order in cryptocurrency is a type of order where a trader instructs an exchange to immediately buy or sell a cryptocurrency at the best available current market price. As market orders prioritise speed of execution over price, this means the order will be executed promptly, typi…
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Stop-Limit Order A succinct definition of Stop-Limit Order Stop-Limit OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSTOP-LIMIT ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinStop-Limit OrderA stop-limit order in the context of cryptocurrency trading is a two-step order that combines elements of a stop order and a limit order.This order type is used by traders who want to control the price at which their order is executed after a certain trigger point is h…
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Taker Fee A succinct definition of Taker Fee Taker FeeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTAKER FEECopy linkShare on TwitterShare on FacebookShare on LinkedinTaker FeeA taker fee in cryptocurrency trading is a fee charged by an exchange to traders who remove liquidity from the order book by executing trades that are immediately matched with existing orders. These traders are referred to as ‘takers’ because they ‘take’ liquidity away from the market by complet…
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