#TradingPairs101
#TradingPairs101 š
New to crypto trading? Letās break down trading pairs ā the backbone of every market move.
š¹ What is a Trading Pair?
A trading pair shows how you can exchange one asset for another. Example: BTC/USDT means you're trading Bitcoin against Tether (USD stablecoin).
š¹ Common Pair Types:
Crypto-to-Fiat: BTC/USD, ETH/EUR
Crypto-to-Stablecoin: BTC/USDT, ETH/USDC
Crypto-to-Crypto: ETH/BTC, XRP/ETH
š§ Why it matters:
Not all tokens can be directly traded against your preferred currency.
Choosing the right pair impacts fees, slippage, and trading speed.
Volume and liquidity differ by pair ā always check before executing a trade.
š” Pro Tip: Use high-volume pairs for better liquidity and pricing. And donāt forget ā not all exchanges support the same pairs.