#TradingPairs101

is a basic yet essential concept in cryptocurrency and stock trading. A trading pair consists of two assets being exchanged, such as BTC/USDT, where Bitcoin is traded against Tether. It tells you how much of one asset is needed to purchase another. Trading pairs can involve fiat currencies or two cryptocurrencies. They help traders determine value, execute trades, and identify market trends. For example, if BTC/ETH is rising, it means Bitcoin is gaining value relative to Ethereum. Understanding trading pairs is key to navigating exchanges, managing risk, and making informed trading decisions. It’s a vital skill for anyone entering the world of trading.