Docy Child

Order Book based DEXs

Estimated reading: 1 minute 141 views

Order book DEXs compile the details of all open buy and sell orders for a particular pair of digital assets. A buy order implies that a trader desires to bid for an asset at a given price. A sell order on the other hand is an indication that a trader is willing to sell a specific asset at a particular price. Much like traditional exchanges, order book DEXs match these orders.

Share this Doc
BiZZBoard | Blockchain Education Network
Share to...