🔁 #TradingPairs101 | What are Trading Pairs?

When you enter the world of crypto, the first thing you'll encounter is the concept of "Trading Pair"... But what does it actually mean? 🤔

📌 Simply put, a trading pair is a comparison between two currencies that you can trade between.

For example:

BTC/USDT means you are buying or selling Bitcoin for Tether.

ETH/BTC means trading Ethereum for Bitcoin.

✅ Each pair shows you the price of the first currency in terms of the second currency.

So if the price of BTC/USDT = 70,000, this means that Bitcoin is worth 70 thousand Tether.

💡 Why is this important?

Some currencies cannot be purchased directly with dollars, but require holding an intermediate currency like USDT or BNB.

Understanding trading pairs helps you choose the best way to navigate between assets.

🎯 Tip:

Always start with the major pairs like:

BTC/USDT

ETH/USDT

BNB/BTC

Then gradually move to the minor pairs once you become more experienced.