交易对

Introducing the fifth theme of our in-depth exploration of cryptocurrency trading basics — #交易对 .

Choosing the right trading pair is crucial for executing successful trading strategies. Understanding how the underlying asset and the quoted asset affect your trades can help you make more informed decisions.

💬 Your post may include:
· How do trading pairs work (underlying asset vs quoted asset)?
· Do you prefer trading stablecoin pairs or cryptocurrency quoted pairs? Why?
· How do you choose the right trading pair for your trades?
· Share an example of how a suitable trading pair has helped or impacted your trades.

👉 Share your insights using the #交易对 hashtag to earn Binance points!

🔗 More event details 点击这里.

#交易对 Trading pairs are the basis for asset conversion, and it provide different market selection and price discovery mechanisms. Usually means A/B, which means to buy asset A with asset B

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#交易对

交易對在金融市場中是一個基礎概念，尤其在外匯、期貨和加密貨幣等領域中廣泛應用。以下是關於交易對的一些關鍵信息：
交易對的定義
交易對通常指的是兩種資產或貨幣之間的交易組合。在外匯市場中，交易對通常由一種貨幣對另一種貨幣（如 EUR/USD、USD/JPY）組成。在加密貨幣市場中，交易對則指代兩種加密貨幣之間的交易（如 BTC/ETH）。

#交易对 选择合适的交易对对于执行成功的交易策略至关重要。了解基础资产和计价资产如何影响您的交易，可以帮助您做出更明智的决策。
💬 您的帖子可以包括：
· 交易对是如何运作的（基础资产 vs 计价资产）？
· 您更倾向于交易稳定币对还是加密货币计价对？为什么？
· 您如何为交易选择合适的交易对？
· 分享一个合适的交易对如何帮助或影响您的交易的例子。

The trading pair #交易对 refers to the combination of two assets exchanged on the exchange, for example, BTC/USDT means buying or selling BTC with USDT. Each trading pair has a base asset and a quote asset, where the former is the currency to be traded, and the latter is the currency used for pricing. The choice of trading pairs determines the method of price calculation and the type of funds used. Popular coins usually have multiple trading pairs and better liquidity; obscure coins may only support trading with specific mainstream currencies. Understanding trading pairs can help users choose the most suitable trading path, avoid exchange losses or multiple fees, and effectively improve trading efficiency and capital utilization.

#交易对 Trading Type Introduction: Why Do Contracts Always Liquidate?
It's not bad luck; it's that you don't understand the essence of trading! This article, condensing ten years of trading experience, presents low-risk principles that will completely overturn your understanding of contract trading — liquidation is never the market's fault, but rather a time bomb you planted yourself.
Three Major Truths That Challenge Conventional Wisdom
Leverage ≠ Risk: Position Size is the Lifeline
Using 1% position size with 100x leverage, the actual risk is only equivalent to 1% of a fully invested spot position. A certain student operated ETH with 20x leverage, only investing 2% of the principal each time, with three years of no liquidation records. Core formula: Real Risk = Leverage × Position Ratio.
Stop-Loss ≠ Loss: The Ultimate Insurance for Your Account
During the 312 crash of 2024, 78% of liquidated accounts shared a common trait: losses exceeded 5% without setting a stop-loss. The iron rule for professional traders: a single loss must not exceed 2% of the principal, equivalent to setting a "circuit fuse" for the account.
Rolling Positions ≠ All-In: The Correct Way to Compound
Ladder Positioning Model: First position 10% trial and error, add 10% of profits to the position. With a principal of 50,000, the first position is 5,000 (10x leverage), adding 500 for every 10% profit. When BTC rises from 75,000 to 82,500, the total position only expands by 10%, but the safety margin increases by 30%.

In the financial market, a trading pair refers to two assets or financial instruments that are interrelated and used for buying and selling exchanges during the trading process. Below is a detailed introduction to trading pairs:
Definition and Composition
• A trading pair generally consists of a base asset and a quote asset. For example, in the stock market, if an investor purchases a stock using Chinese Yuan, then that stock is the base asset and the Chinese Yuan is the quote asset, forming a "Stock/Chinese Yuan" trading pair. In the foreign exchange market, in the "USD/JPY" trading pair, the US dollar is the base currency and the Japanese yen is the quote currency.

#交易对
Current Web3 industry trading pair dynamics and investment strategies are as follows:

Core exchange dynamics: Binance delisted 5 low liquidity trading pairs such as ACX/FDUSD on June 6, while adding DAI/JPY and TRX/JPY yen trading pairs, and launched a zero market maker fee policy. This move reflects the exchange's optimization of liquidity structure, eliminating inefficient assets, and shifting towards fiat channels and mainstream currencies. XT Exchange launched USDQ/USDC and USDR/USDC stablecoin trading pairs, indicating that small and medium platforms are competing for market share through stablecoin combinations, but caution is needed regarding the de-pegging risks of such emerging stablecoins.

Market hotspots and risk points: ZKJ trading pair: The trading volume of the ZKJ/USDT trading pair on the BNB Chain reached $6.8 billion in 24 hours (accounting for 50% of total DEX volume), but its market cap rank is only 100+, raising obvious suspicions of inflated trading volume. On-chain data shows that its liquidity pool size plummeted from $9 million, possibly due to the project's controlling behavior. Policy benefits: The UK's FCA plans to lift the ban on retail cryptocurrency ETNs, which is expected to attract over £2 billion in incremental funds, benefiting BTC/GBP, ETH/EUR and other fiat trading pairs.

Investment strategy recommendations: Short-term opportunities: Pay attention to Binance's newly listed DAI/JPY and TRX/JPY trading pairs; the zero fee policy may lead to an influx of arbitrage funds, and historical data shows similar policies can increase trading volume by 300%-500%. Long-term allocation: Prioritize mainstream stablecoin trading pairs such as BTC/USDT and ETH/USDC, which have an average daily trading volume exceeding $10 billion, significant liquidity premium, and slippage loss lower than 0.1%. Risk aversion: Immediately liquidate positions in trading pairs like BSV and LUNC that have been delisted by exchanges; historical cases show that the average decline after delisting reaches 65%, and liquidity exhaustion occurs faster than expected.

Operational recommendations: Aggressive investors can allocate 10% of their position to participate in short-term fluctuations of ZKJ/USDT, setting an 8% stop-loss line. Conservative investors can increase their holdings in the DAI/JPY trading pair, using expectations of yen depreciation to hedge against exchange rate risks. All holdings should avoid the coins mentioned in the exchange announcements for delisting.

Please note that all investments carry risks, and investors should make their own judgments.

#交易对

交易对在金融市场中是一个基础概念，尤其在外汇、期货和加密货币等领域中广泛应用。以下是关于交易对的一些关键信息：
交易对的定义
交易对通常指的是两种资产或货币之间的交易组合。在外汇市场中，交易对通常由一种货币对另一种货币（如 EUR/USD、USD/JPY）组成。在加密货币市场中，交易对则指代两种加密货币之间的交易（如 BTC/ETH）。

#交易对 金融市场中，交易对是指在交易过程中相互关联、用于进行买卖交换的两种资产或金融工具。以下是关于交易对的详细介绍：
定义与构成
• 交易对通常由基础资产和计价资产组成。例如，在股票市场中，如果投资者以人民币购买某只股票，那么该股票就是基础资产，人民币就是计价资产，这就构成了一个“股票/人民币”的交易对。在外汇市场中，“美元/日元”交易对中，美元是基础货币，日元是计价货币。
作用
• 确定交易价格：交易对明确了两种资产之间的兑换比率，即汇率或价格。比如在“比特币/美元”交易对中，其价格表示一个比特币能兑换多少美元，投资者根据这个价格进行买卖操作。
• 反映市场供需关系：交易对的价格波动反映了市场对两种资产的供需变化。如果比特币需求增加，在“比特币/美元”交易对中，比特币相对美元的价格就可能上涨，反之则下跌。
常见类型
• 货币交易对：主要在外汇市场，如“欧元/美元”“英镑/澳元”等，用于不同货币之间的兑换和投机交易。
• 加密货币交易对：在加密货币交易平台上常见，如“以太坊/比特币”“莱特币/美元”等，方便投资者进行加密货币之间的转换或用法定货币购买加密货币。
• 股票交易对：在股票市场，虽然通常以货币作为计价单位，但也存在一些特殊的交易对，如在某些可转换债券交易中，可看作是“债券/股票”交易对，反映了债券与对应股票之间的转换关系。
• 商品期货交易对：如“黄金/美元”“原油/人民币”等，在商品期货市场中，这些交易对用于以特定货币来衡量商品的价格，方便投资者进行期货合约的买卖。
交易策略与风险
• 投资者可以根据不同交易对的价格走势进行套利、套期保值等交易策略。例如，在不同市场上

#交易对
In virtual trading, trading pairs are a key concept, which are combinations of two cryptocurrencies used for trading. They are mainly divided into two categories: primary trading pairs, such as the common BTC/USDT, which are transactions between major cryptocurrencies and stablecoins; secondary trading pairs, like ETH/BTC, which are transactions between non-stablecoin cryptocurrencies. When selecting trading pairs, it is important to pay attention to liquidity, trading fees, and platform security, as these will affect the trading experience and profits, with Binance Exchange being the first choice.

#交易对 #交易对 In the financial market, a trading pair refers to two assets or financial instruments that are related to each other in the trading process and are used for buying and selling exchange. Here is a detailed introduction to trading pairs:

Definition and Composition

• A trading pair usually consists of a base asset and a quote asset. For example, in the stock market, if an investor buys a stock with Renminbi, then the stock is the base asset and Renminbi is the quote asset, forming a "stock/Renminbi" trading pair. In the forex market, in the "USD/JPY" trading pair, the US dollar is the base currency, and the Japanese yen is the quote currency.

Function

• Determine Trading Price: The trading pair specifies the exchange rate or price between the two assets. For instance, in the "Bitcoin/USD" trading pair, its price indicates how much USD one Bitcoin can be exchanged for, and investors carry out buying and selling operations based on this price.

• Reflect Market Supply and Demand Relationship: The price fluctuations of trading pairs reflect the changes in market supply and demand for the two assets. If the demand for Bitcoin increases, the price of Bitcoin relative to USD in the "Bitcoin/USD" trading pair may rise, and vice versa.

Common Types

• Currency Trading Pairs: Mainly found in the forex market, such as "EUR/USD" and "GBP/AUD", used for exchanges and speculative trading between different currencies.

• Cryptocurrency Trading Pairs: Commonly seen on cryptocurrency trading platforms, such as "Ethereum/Bitcoin" and "Litecoin/USD", facilitating investors to convert between cryptocurrencies or purchase cryptocurrencies with fiat currency.

• Stock Trading Pairs: In the stock market, although usually priced in currency, there are also some special trading pairs, such as in certain convertible bond transactions, which can be seen as a "Bond/Stock" trading pair, reflecting the conversion relationship between bonds and their corresponding stocks.

• Commodity Futures Trading Pairs: Such as "Gold/USD" and "Crude Oil/Renminbi", in the commodity futures market, these trading pairs are used to measure the price of commodities in specific currencies, making it easier for investors to buy and sell futures contracts.

Trading Strategies and Risks

• Investors can adopt various trading strategies such as arbitrage and hedging based on the price trends of different trading pairs. For example, in different markets

In the cryptocurrency space, a trading pair is a combination used to exchange two different cryptocurrencies within an exchange. Simply put, it’s like using one currency to 'buy' another currency.

⸻

🪙 What is a trading pair?

A trading pair indicates the trading relationship between two currencies, usually in the format:

A/B

This means you use currency B to buy currency A, or exchange A for B.

⸻

📌 Examples:
1. BTC/USDT
• Indicates you use USDT (stablecoin) to buy BTC (Bitcoin)
• The price shown is how much 1 BTC is worth in USDT
• If you sell BTC, you will also receive an equivalent amount in USDT
2. ETH/BTC
• Indicates you use BTC to buy ETH, or exchange ETH back for BTC
3. PEPE/USDT
• Indicates you use USDT to buy PEPE coin

⸻

🔄 Why are trading pairs important?
• Each currency has different tradable pairs; for instance, new coins usually only have 'USDT trading pairs'.
• If a coin has three trading pairs: BNB/PEPE, ETH/PEPE, and USDT/PEPE, you can choose the most cost-effective or convenient trade.
• If a coin only has a few trading pairs, you may need to exchange it for other coins to trade indirectly.

⸻

💡 A small reminder:
• **Mainstream coins (like BTC, ETH, USDT)** are the most common base currencies.
• When choosing a trading pair, be sure to check the liquidity and trading volume to avoid significant slippage or inability to complete transactions.

⸻

If you encounter any trading pairs on a particular currency or platform that are unclear, feel free to share them with me, and I can explain them to you!

#交易对 四、流动性的主要来源（续）
• 买卖价差，如纽交所的指定做市商（DMM）为股票提供流动性。
2. 高频交易者（High - Frequency Traders, HFTs）
◦ 利用先进算法和技术，快速买卖资产，从微小价格波动中获利，同时增加市场深度和流动性，如一些量化对冲基金采用高频交易策略。
3. 大型金融机构和投资者
◦ 银行、共同基金、养老基金等在市场中进行大规模交易，其交易活动也为市场提供了一定的流动性，但

#交易对 Trading pairs are the basic units in cryptocurrency trading, representing the exchange relationship between two types of currencies, such as BTC/USDC. The former is the base currency, while the latter is the quote currency. Choosing trading pairs with high liquidity and strong stability helps reduce slippage and trading risks. $BNB

【 #交易对 】Don't just focus on BTC/USDT, smart money is 'changing tracks'!

In the cryptocurrency world, choosing the right trading pair can sometimes be more important than choosing the right coin.

🔁 Many people focus on the rise and fall of BTC/USDT, but overlook the fact that funds are quietly flowing into ETH/SOL, DOGE/TON, and even cross trading pairs within the AI sector. These 'niche pairs' often hide opportunities for short-term surges.

Why pay attention to changes in trading pairs?

📈 Different trading pairs reflect fund preferences and hot sector rotations.
📊 When major coins are stagnant, switching trading pairs is a key method for capturing profits.
🧭 Stablecoin pairs are suitable for hedging, while cross-coin pairs are suitable for speculating on trends.

For example, the recent surge in trading volume for TON/ETH indicates that funds are using TON to speculate on short-term value anchoring; meanwhile, the strong sideways movement of SOL/USDT for two consecutive days likely means that the main forces are building momentum.

Conclusion: Don't always focus on the gain leaderboard; paying attention to the real flow of trading pairs is the true winning mindset.

#交易策略 #币圈逻辑 #数据驱动决策 #交易对洞察

#交易对 交易对在金融市场中是一个基础概念，尤其在外汇、期货和加密货币等领域中广泛应用。以下是关于交易对的一些关键信息：
交易对的定义
交易对通常指的是两种资产或货币之间的交易组合。在外汇市场中，交易对通常由一种货币对另一种货币（如 EUR/USD、USD/JPY）组成。在加密货币市场中，交易对则指代两种加密货币之间的交易（如 BTC/ETH）。

#交易对
Trading pairs are the core infrastructure of financial markets, and their design directly affects trading efficiency and strategy feasibility. Investors need to choose suitable trading pairs based on liquidity, fees, and risk preferences, and dynamically monitor market depth and volatility indicators (such as bid-ask spreads and order book data). For emerging markets like cryptocurrencies, major trading pairs (such as BTC/USDT) remain the low-risk preferred choice, while secondary trading pairs are suitable for high-risk arbitrage opportunities.

#交易对 Market is a fundamental concept, widely applied in fields such as forex, futures, and cryptocurrencies. Here are some key information about trading pairs:
Definition of Trading Pairs
A trading pair usually refers to a combination of two assets or currencies for trading. In the forex market, a trading pair typically consists of one currency against another (e.g., EUR/USD, USD/JPY). In the cryptocurrency market, the trading