Buy Side
The portion of the order book listing aggregated buy orders at various price levels.
What is Buy Side?
In an order book, the buy side displays all open bids in green, sorted from highest to lowest price, representing total buyer demand at each level. On Young Platform, it’s the lower section, showing sums like 20 BTC at $60,000 from multiple orders. This side reflects institutional and retail buying interest, with deeper buy sides indicating stronger liquidity.
The buy side contrasts with the sell side, with the spread in between. In depth charts, it’s the green bid line showing cumulative value. Large buy sides can form walls, supporting prices at levels like $59,500 for BTC.
Related Terms
e-CNY
China’s digital yuan, a CBDC issued by the People’s Bank of China.
Secured Overnight Financing Rate (SOFR)
A benchmark rate measuring the cost of borrowing cash overnight collateralized by U.S. Treasury securities in the repurchase agreement market.
Alipay
A leading mobile payment platform owned by Ant Group, offering comprehensive financial services beyond basic transactions.
AMM (Automated Market Maker)
A protocol that uses liquidity pools and algorithms to facilitate decentralized trading of digital assets.
Coinbase Transaction
Coinbase refers to a leading U.S.-based digital asset exchange, the coinbase transaction that creates new digital assets in a blockchain block, and the block reward that incentivizes miners with new assets and transaction fees.
Current Mid-market Price
The midpoint between the highest bid and lowest ask prices in the order book.