Hello everyone this is @ghani12 and it is my home work submission for Grassroot-educations2v10 by @fredquantum.

Order book

According to me , an order book is the electric system in which all the details regarding buying and selling are being stored by the organization which holds the assets of crypto or even a person. this helps to secure the transactions records as per the needs of the user. these books are being arranged to maintain the over all records of selling and buying.

Market makers and market takers

Market makers

According to my personal understanding market makers means the ones who is responsible for the prices and can build a successful investment platform for others to utilize to increment in their assets by investing or selling the specific created orders.

• Market makers are also responsible for others to trade in.
• Market makers do not succeed in the run as soon as they join or start it means it will take some time
• Any one can become market makers if they have required knowledge of crypto and required resources

Market takers

market takers are the ones who run out the process of market makers by joining the system or start trading accordingly in the market which is being build by the makers to continue. This is basically design to start trading without much waste of time to fit in the system / start trading instantly.

Differences between market makers and market takers

Market makers	Market takers
Marketplace makers generally strive to buy on the present day excellent bid or promote at the present day high-quality offer, i.e., they are making a market that is reflected within the modern final price.	Marketplace takers are much less involved with executing at the pleasant bid or provide. instead, they seek liquidity and immediacy, that is more advantageous with the aid of the consistent availability of a decent bid/ask unfold created by means of the marketplace makers.
Market makers tend to show over their positions unexpectedly, generally now not being concerned whether they may be long or short.	Market takers accept that they have to surrender the threshold in return for the service furnished through the marketplace maker.
Their intention is to always be placed in the marketplace, because each second they're trading with the threshold can lead to ability earnings with incredibly low threat	market takers generally tend to turn over their positions less regularly than marketplace makers and, consequently, normally are less involved approximately buying and selling prices.

Types of orders that can be utilized by Market Makers and Market Takers?

There are many types for the market makers and takers in order to trade in crypto ecosystem some which learn from the lesson and while looking into many posts time to time i know and understand only these mentioned below types of order.

Market order:
in this user buy any other crypto currency with some other crypto currency
Instant order
In this order user paid the money from his/her bank account to buy crypto currencies
Limit order:
in this order user start trading at the ending point he/she decide to pay in crypto or from bank account

An illustration from an exchange with screenshots

• i am using the platform LINK to show the demonstration of trade
• first of all trade can be done with Binance with all the types using all the methods wheather its Limit order, Instant or P2P
• it is being listed as the given screenshot

Screenshot

• first you have to select the order type: i click others and which leads me to the following page where you need to put your wallet crypto currency and then the crypto currency you want to convert

Screenshot

• In last step of the mining in crypto you need to confirm the swapping of currency by putting the values and agreeing the transactions

Screenshot

Introduction post

Cc:
@fredquantum
Regards,
@ghani12