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Dear MEXC Users, In our previous edition, we covered five order types in detail, answering the question of "how to buy." But one crucial question remains: Who exactly is on the other side of yourDear MEXC Users, In our previous edition, we covered five order types in detail, answering the question of "how to buy." But one crucial question remains: Who exactly is on the other side of your
Learn/Market Insights/Others/【The Complete Guide to Crypto Trading】Spot Trading Supplement: How to Read the Order Book and Choose the Right Trading Pair

【The Complete Guide to Crypto Trading】Spot Trading Supplement: How to Read the Order Book and Choose the Right Trading Pair

Nov 11, 2026MEXC Learn Team
3 min
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Dear MEXC Users,

In our previous edition, we covered five order types in detail, answering the question of "how to buy." But one crucial question remains: Who exactly is on the other side of your trade? What do all those buy and sell orders in the Order Book mean? Why is slippage minimal on some Trading Pairs, while on others, the price moves significantly the moment you place an order?

Order types determine "how to buy," while understanding the Order Book and choosing the right Trading Pair determine "where to buy and who you're trading with." Without these two pieces of knowledge, you're only making partial use of the trading tools we've covered.
Today's Launch: Mastering Order Book Reading and Trading Pair Selection

  • Bid-Ask Spread: The best bid is the highest current buy price, while the best ask is the lowest current sell price. The difference between them is the spread. A tighter spread generally indicates better liquidity and lower slippage for Market Orders. By learning to read Order Book depth, you can assess whether your trade might push through multiple price levels.
  • Bitcoin Order Book Explained: BTC Depth, Spread, and Heatmap Analysis: A strong price increase doesn't guarantee you can enter or exit a position smoothly. Check a Trading Pair's volume and the depth of its buy and sell orders to determine whether the market can absorb your position. With low-liquidity altcoins, buying may be eas
  • Master these 6 methods to choose "cryptocurrency futures trading pairs" and make your futures trading no longer confused: Major Trading Pairs typically offer better liquidity, tighter spreads, and lower slippage, while smaller altcoin pairs tend to be more volatile and carry higher risks. Choosing a Trading Pair isn't about finding the one with the fastest price gains. It's about finding one where you can execute trades at your expected price.
  • What Is a Spot Trading Trailing Stop Order? A Complete Guide to Automated Profit-Tracking Orders: We briefly introduced Trailing Stop Orders in the previous edition. Now it's time for a closer look. The activation price determines when the system starts tracking market movements, while the callback rate (1%–99%) determines how far the price must retrace from its high or low to trigger an order. We'll explain how to configure these parameters for buying the dip and taking profits, when an order gets triggered, and what type of order is placed afterward.
Coming Next: The Spot Trading Wrap-Up | Copy Trading, Trading Fees, and a Complete Spot Trading Review

With Order Book analysis and Trading Pair selection covered, two key areas remain: how to use Copy Trading and how Maker/Taker fees affect your actual trading costs. In the next edition, we'll wrap up Spot Trading with a comprehensive review, bringing together everything we've covered into one complete framework. Once we've built a solid foundation in Spot Trading, we'll move on to Futures Trading.
Missed our last update? Catch up here:



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This article is provided by MEXC Learn Team for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets involve significant risk. Please conduct independent research or consult a qualified professional before making any investment decisions. The views expressed do not necessarily represent those of MEXC or its affiliates.

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