Standard orderbooks show a trader the current bids (buys) and asks (sells) in the marketplace. sFOX’s orderbook integrates the standard orderbooks from many different major crypto exchanges and liquidity providers in one place ("Exchange" column).
This means that sFOX users get to see and access orders from all these platforms from your single sFOX account - giving you an edge when executing orders.
Sells/Asks
The top (red) section of the orderbook lists the market participants who currently own BTC (in this example) and are willing to sell a quantity of BTC at the price they have specified.
As a sentence, an ask would read - “I am willing to sell [quantity] BTC at at a price of [price].”
Notice that prices increase as you go up the orderbook away from the mid-market price.
Buys/Bids
The bottom (green) section of the orderbook lists the market participants who currently own USD (in this example) and are willing to buy a quantity of BTC at the price they have specified.
As a sentence, a bid would read - “I am willing to buy [quantity] BTC at at a price of [price].”
Notice that prices decrease as you go down the orderbook away from the mid-market price.
