🔁 What are trading pairs in cryptocurrencies? Let's break it down simply!

#TradingPairs101

If you're new to trading, the term "trading pair" can be confusing. Let's clarify:

🔹 Trading Pair — is two assets between which you can exchange on an exchange.

For example:

BTC/USDT — you buy or sell bitcoin for the stablecoin USDT.

ETH/BTC — you trade ethereum in relation to bitcoin.

📊 Why is this important?

Through trading pairs, you determine the price of one asset in terms of the other.

The choice of pair affects liquidity and fees.

Some altcoins only trade through pairs with BTC or ETH, rather than directly to fiat.

💡 Tip: always pay attention to what the price is expressed in — the first or second currency of the pair!

Want an analysis of popular pairs and strategies? Comment below 👇#TradingPairs101