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Bid is latest buy order. Ask/Offer is latest sell order. Many exchanges have the “maker-taker” model. If you add liquidity to the order book, you are paid by t
by ShabbosGoy 9y ago
Bid is latest buy order.
Ask/Offer is latest sell order.
Many exchanges have the “maker-taker” model. If you add liquidity to the order book, you are paid by the Exchange. If you take liquidity away from the order book, you pay the Exchange.
- Veratyr 9y agoIt's not the latest order, it's the highest (bid)/lowest (ask) _open_ order.
- bob_theslob646 9y agoWhat the market is quoted at , is the latest buy or sell order. The price you can buy at is the ask, the price you can sell at is the bid.