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#TradingPairs101 What Are Trading Pairs? When trading on a platform like Binance, you're not just buying Bitcoin — you're buying it against another currency. That’s where trading pairs come in. 🟢 Example: BTC/USDT = Buying or selling Bitcoin in exchange for Tether (USDT). If you buy, you're spending USDT to get BTC. If you sell, you're receiving USDT in exchange for BTC. 💡 Each trading pair consists of: 1️⃣ Base currency (first) – the asset you want to buy or sell 2️⃣ Quote currency (second) – what you pay or receive 👀 Popular pairs include: ETH/BTC BNB/USDT SOL/ETH 🎯 Tip: Always double-check the pair before trading to make sure you're buying or selling what you intend to!
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#Liquidity101 🔹 #Liquidity101 | Why Liquidity Matters on Binance On a platform like Binance, high liquidity means: ✅ Fast order execution ✅ Low spreads (tight bid/ask prices) ✅ Minimal slippage ✅ A smoother trading experience 📌 Example: If you buy BTC with $1,000 on Binance, strong liquidity ensures you get the best possible price without delays or unexpected losses. 📊 Binance is one of the most liquid crypto exchanges in the world — that’s a key reason traders trust it. 💡 Pro Tip: Before you trade, always check trading volume and the order book depth to assess liquidity! --- Would you like a full #Liquidity101 mini-series? For example: How to check liquidity on Binance Liquidity in Spot vs Futures The role of Market Makers on Binance
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