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Order Book / buy on a price over two prices

Binance

Cryptocoins Exchanges / Binance 110 Views

Hello,

I don't think it's a question specific to binance, but I want to understand how orders books works.

Let's say I want to buy token A, and in the orders book the 2 best asks are 100 tokenA for 1000 USD, and 100 tokenA for 1001 USD. If I want to buy 200 tokenA, should I pay 2001 USD ? And if I want to buy 150, then 2500,5 ? (1000 + 1001/2) ?

Thank you in advance for your help !

submitted by /u/ez613
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