ADAX Support Center > FAQ > General questions > What is ADAX’s Order Book?
What is ADAX’s Order Book?

Order Book (OB) is a ledger containing all outstanding orders as instructions placed by traders to buy or sell Cryptocurrency. An order to buy is called a “bid” and an order to sell is called an “ask.”  Bids and asks are paired up as soon as their prices are met and being fulfilled which resulting in a trade will be transferred to the Trade Book (TB) records according to market supply and demand.

 

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