Bid Side
The section of an order book listing all open buy orders, sorted from highest to lowest price.
What is Bid Side?
The bid side displays the prices and quantities buyers are willing to pay, with the highest bid at the top indicating the best available buy price. For example, in a Bitcoin order book, bids might show 10 BTC at $60,000, providing market depth.
It reflects demand, influencing the bid-ask spread; deeper bids reduce slippage for sellers. In crypto, bid sides on Binance show real-time orders for pairs like BTC/USDT.
Market makers populate the bid side to ensure liquidity, as seen in XRPL’s CLOB.
Related Terms
Lending Aggregator
A platform that sources the best lending or borrowing rates across multiple DeFi protocols.
Depth Chart
A visual graph depicting the cumulative buy and sell orders across price ranges in an order book.
Buy Walls
Large accumulations of buy orders at a specific price level, forming a barrier against downward price movement.
BNB Chain (BSC)
Binance's EVM-compatible blockchain, combining high performance with community-driven governance and the CEX ecosystem.
Alipay
A leading mobile payment platform owned by Ant Group, offering comprehensive financial services beyond basic transactions.
OCO Order
A paired order where executing one automatically cancels the other.