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CRYPTO GLOSSARY

Order book

An exchange's live list of offers to buy and sell.

Order book in more detail

An exchange keeps a live list of offers called the order book.

Simple "buy now" apps hide the order book. They quote one price, with their margin built into it.

FROM LESSON 12 · 4 MIN READHow crypto exchanges workA crypto exchange is a company that matches buyers and sellers and holds your coins for you. Learn how exchanges work and why they are not banks.Read the lesson

All 128 terms · Checked against the lesson's sources on 8 October 2026.

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