#TradingPairs101 Why trading pairs are important and how to understand them?
If you are just starting your journey in crypto trading, the concept of a trading pair is your first key to understanding the market.
🔁 What is a trading pair?
It is two currencies between which you make an exchange. For example:
BTC/USDT — you buy bitcoin for USDT or sell bitcoin for USDT.
ETH/BTC — buying ether for bitcoins or vice versa.
💡 It is important to understand:
The currency on the right is what you pay with.
The currency on the left is what you are buying or selling.
🤔 Why is this important?
✅ Allows you to find the best rates
✅ Helps avoid double conversion
✅ Simplifies arbitrage between exchanges
✅ Opens access to “alts” that are traded only through BTC or ETH
📌 Tip: always check the liquidity of the pair and the fee before entering a trade.
Good luck to everyone who likes 🌷