Order Book Depth: Reading Bids, Asks and Spread
What an Order Book Displays
An order book displays buy orders and sell orders at different prices. It is one of the most important tools on a crypto exchange interface. biconomy explains order book depth so beginners can look beyond the last traded price.
Bids, Asks and Spread
Bids are buy orders. Asks are sell orders. The spread is the difference between the highest bid and lowest ask. Wide spreads can increase trading cost.
Depth and Slippage
Depth shows how much order interest exists at different levels. Thin depth can cause slippage, especially when order size is large or markets are volatile.
Practical Use
Before placing a market order, users can check whether sufficient liquidity exists near the current price.
How This Connects to biconomy
biconomy organizes this page as part of a structured crypto exchange knowledge base. The article links asset data, market rankings, security education and trading tutorials so users can move through the site like a research directory rather than a repetitive blog archive.
Recommended Internal Links
FAQ
Is this biconomy article financial advice?
No. It is educational information only and does not promise returns.
How should beginners use this article?
Read the concept, follow the related internal links and apply security checks before trading.