> For the complete documentation index, see [llms.txt](https://docs.spinlaunch.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.spinlaunch.io/tools/create-openbook-market-id.md).

# Create OpenBook Market ID

**What is OpenBook Market ID?**\
OpenBook Market IDs are unique identifiers that enable users to create markets for trading various tokens on the Solana Network. These IDs play a crucial role in facilitating liquidity and enabling seamless transactions within the OpenBook ecosystem.\
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**How much does it cost to create an OpenBook Market Solana**\
The cost of creating an OpenBook Market in Solana depends on the size of the market. This size affects the amount of transactions that the marketplace can process.\
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3 versions of the market ID:\
0.4 SOL, 1.5 SOL, 2.8 SOL \
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**Disadvantages of the cheap openbook market** \
Its cost efficient to opt for the lowest possible cost of the openbook market id. However, we must not oversee the problems it brings. \
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The lower the cost of the openbook market id, the higher the chance of the transactions will not be processed.\
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**How to use Create OpenBook Market**\
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**01.** Connect your wallet\
**02.** Select the Base Token\
**03.** Select the quote Token\
**04.** Set the Minimum Buy (Minimum Order Size)\
**05.** Set the Minimum Price Change (Price Tick)\
**06.** Set the length in advanced options (not recommended if you don't have deep understanding of the mechanism)\
**07.** Click on create market\
**08.** Accept the transaction and wait until your Market is ready.