Topic 7: Understanding Trading Pairs on Binance 💱
When I first saw BTCUSDT on Binance, I honestly thought it was some kind of code 😅 But it’s actually super simple once you get it. A trading pair like BTCUSDT or BTC/USDT shows the exchange between two currencies — Bitcoin (BTC) and Tether (USDT).
Think of it like visiting a money exchange counter. You give one currency to get another. When you buy BTC using USDT, you’re spending USDT to get Bitcoin. When you sell BTC, you’re getting USDT back.
Every trade you make involves two assets, and that’s what makes these pairs so important to understand. Once this clicks, trading starts to make a lot more sense 🚀
$BTC $ETH $LINEA #crypto #Binance #trading #LearningCryptoBasics