Bids (buy orders)
Orders from buyers indicating the price and quantity they are willing to pay for a digital asset.
What is Bids (buy orders)?
Bids, or buy orders, represent the demand side in a digital asset’s order book, listing the highest prices buyers are willing to pay and the corresponding quantities, typically displayed in green and sorted from highest to lowest. For example, on Coinbase’s BTC-USD pair, bids scroll downward toward the middle, showing real-time buyer interest. The highest bid, known as the best bid, is at the top of this section and is the first to match with incoming sell orders.
In a typical order book, bids do not expose the number of individual traders but aggregate the total units sought at each price level. For instance, if ten buyers each want 2 BTC at $37,000, the bid shows 20 BTC at that price. Strong bids can indicate support levels, where large accumulations prevent price drops.
Related Terms
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The premium paid for an option contract, reflecting intrinsic and time value.
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Based Rollup (L1-sequenced)
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LMD-GHOST
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Payment Rails
Infrastructure for processing and settling digital asset transactions.
Off-Chain
Transactions processed outside the main blockchain, settled periodically on-chain for efficiency.