I've recently been writing about how to trade crypto. Due to the positive feedback that I've been receiving, I thought I'd write another trading related blog post.

In my previous blog post, I wrote about how to use Binance's trading dashboard/interface. In that post, there's a video I had created where I broke down the different options available on Binance's interface. Some of these functions include: stop limit, market order, OCO, and etc.

Again, the reason why I had created that video is because I know just how overwhelming and confusing those options can be to understand when you're just starting out; when Binance first released those features, I too was confused as to what their purpose were. 

Anyways, I thought I'd continue writing about Binance's trading interface by explaining how to read a trading order book.

So what exactly is a trading order book?

A trading order book is a list of the limit orders that people have placed for both the buy and sell sides. The order book is always changing so I wouldn't necessarily use it solely for trading but it can help you out to see what people are thinking.

Here's a video I made that explains how to read a trading order book. I hope it better gives you an understanding.

If you're interested, I have a link below where you can save 10% on your trading fees with Binance.

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In the future I will be posting more trading tutorial related content if the demand is there.

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