#TradingPairs101 Below is a brief and concise version of the article #TradingPairs101:
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🔍 #TradingPairs101 – Understanding Trading Pairs in 1 Minute
A trading pair is how two assets are priced against each other, for example:
BTC/USDT = Price of Bitcoin in USDT
ETH/BTC = Price of Ethereum in Bitcoin
You are using the asset on the right to buy/sell the asset on the left.
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✅ Why is it important?
Know exactly what you are trading
Avoid buying/selling errors
Understand profit/loss when converting assets
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⚠️ Quick notes
Always check the pair before trading
Prioritize pairs with high volume (high liquidity)
Don't just look at the price – understand the exchange rate as well
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Smart trading starts with a proper understanding of trading pairs.
#CryptoBasics #TradingTips #TradingPairs101