Cryptocurrency Q&A
What does market depth tell you?
What does market depth tell you?
HanRiverWave
Wed Oct 23 2024
|
7 answers
1656
Market depth provides insights into the supply and demand of a particular asset at different price levels, showing the number of orders waiting to be executed at various prices.
7 answers
CryptoMaven
Fri Oct 25 2024
It relies on the aggregation of open buy and sell orders for a specified asset, such as a stock or futures contract.
Was this helpful?
346
37
ChristopherWilson
Fri Oct 25 2024
Depth of market (DOM) serves as an indicator of the supply and demand dynamics for liquid, tradeable assets.
Was this helpful?
93
69
MysticStorm
Thu Oct 24 2024
This is because it allows for more seamless transactions at various price points.
Was this helpful?
91
36
DongdaemunTrendsetterStyle
Thu Oct 24 2024
These orders are placed by market participants, reflecting their willingness to transact at certain prices.
Was this helpful?
383
88
Giulia
Thu Oct 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to this liquid market. Its offerings include spot trading, futures trading, and a wallet service.
Was this helpful?
222
52
Load 5 more related questions
