What Is the Order Book on Bayse Markets?
On Bayse Markets, the Order Book is the system that connects buyers and sellers directly. Instead of Bayse setting prices automatically, users choose the prices they want to buy or sell at, and trades happen when prices match.
How the Order Book Works on Bayse Markets
You place a Buy Order → set the maximum price you’re willing to pay
Another user places a Sell Order → set the minimum price they’re willing to accept
When both prices match, the trade executes automatically
Example:
You place a buy order at ₦60 for “Yes”.
Another user places a sell order at ₦60.
Bayse matches both orders instantly.
Why Bayse Uses the Order Book
The Order Book helps to:
Give users better prices
Improve transparency
Reduce hidden slippage
Make markets fair and user-driven
In simple terms:
Users set prices → Bayse matches orders → trades happen when prices agree.