Opening the Binance trading interface for the first time, the screen full of numbers and charts can be overwhelming. Register a Binance account to experience the trading interface firsthand, and remember to get the Binance APP for a better trading experience.
Overall Layout of the Trading Interface
Binance's spot trading interface is roughly divided into five areas: the top information bar, the candlestick chart area, the order book area, the trading operation area, and the bottom orders/trade history section. Each area carries different information, and understanding their meaning helps you make better trading decisions.
Top Information Bar
When you open any trading pair (such as BTC/USDT), the top row displays key data:
Current Price is the most prominent number, showing the latest traded price of the token. Green indicates a rise from the previous price, and red indicates a drop.
24h Change shows the percentage price change over the past 24 hours. A positive value means the price has risen, and a negative value means it has dropped.
24h High and Low represent the highest and lowest traded prices over the past day, reflecting the range of price volatility.
24h Volume shows the total trading volume over the past 24 hours, usually displayed in both the base currency and quote currency. High volume indicates active market participation.
Candlestick Chart Area
The candlestick chart is the core of the trading interface, using colored "candle" shapes to show price trends. Each candle represents price changes over a time period, containing four pieces of information: open price, close price, high price, and low price.
Above the candlestick chart, you can switch between different time periods, such as 1 minute, 5 minutes, 1 hour, 1 day, etc. Shorter time periods show more detailed price fluctuations; longer periods show broader trends.
Below the candlestick chart there's usually a volume bar chart, where each bar's height represents the trading volume for the corresponding time period. Increased volume typically means price movements are more reliable.
Order Book (Depth Chart)
The order book is a very important information source on the trading interface. It's split into two parts: the upper section shows sell orders in red (also called asks), and the lower section shows buy orders in green (also called bids).
Each row contains three data points: the price, the order quantity at that price, and the cumulative order volume. Prices increase upward from the center (prices sellers want to sell at) and decrease downward from the center (prices buyers want to buy at).
The gap between the best bid and best ask is called the "bid-ask spread." A smaller spread indicates better market liquidity and lower trading costs for you.
To the right of or alongside the order book, there's usually a "depth chart" that visually displays the distribution of buy and sell orders using area charts. The green area represents buying power and the red area represents selling power, helping you gauge the balance of bullish and bearish forces.
Trading Operation Area
This is where you actually place orders. It's divided into "Buy" and "Sell" tabs. After selecting a limit or market order type, enter the price and quantity to place an order. Below there are typically percentage buttons for quickly selecting 25%, 50%, 75%, or 100% of your balance to trade.
Bottom Orders and Trade History
"Open Orders" shows your current unfilled pending orders, where you can cancel orders at any time. "Order History" records all completed or cancelled orders. "Trade History" shows the market's recent real-time transactions, letting you see at what prices others have been buying and selling.
Through the information in these areas, you can gain a comprehensive understanding of current market conditions and make more rational trading decisions.