#TradingPairs101 Understand Trading Pairs Like a Pro! 🔥
In both crypto and forex markets, trading pairs are the 🔑 to buying and selling assets.
What’s a Trading Pair?
It’s two currencies you trade against each other.
The base currency is what you’re buying or selling (first currency).
The quote currency shows the value of the base currency (second currency).
Example:
BTC/USDT means how much USDT you need to buy 1 BTC.
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Types of Trading Pairs:
Crypto-to-Crypto: BTC/ETH (Bitcoin to Ethereum)
Crypto-to-Fiat: BTC/USD (Bitcoin to US Dollar)
Stablecoin pairs: BTC/USDT (Bitcoin to Tether)
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Popular Forex Pairs (for context):
EUR/USD, GBP/USD, USD/JPY — major pairs with high liquidity.
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Why does it matter?
Knowing pairs helps you understand prices and where to trade your favorite coins with ease.
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Want to start trading smarter? Keep learning and explore different pairs on Binance! 🚀
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