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Components of an Order Book


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  1. An Order Book - Bids and Asks On A Crypto Exchange:
    1. A 'BID' comes from a buyer who wants a certain number of Guapcoins (or i.e. shares when dealing with stocks) for a specified price.
    2. An 'Ask' comes from a seller who  wants a specific price for their Guapcoins (or i.e. shares when dealing with stocks).
    3. A Trade Spread is the gap between the highest bid offer and the lowest ask offer on an order book.  A major spread is indicative of low liquidity.  Low Liquidity will make it more difficult to convert your Guapcoins into other crypto/tokens or cash fiats  (USD, etc.).
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