#TradingPairs101 What are trading pairs?
👋 Do you want to understand what trading pairs are and how to work with them? Here’s a brief guide — simple and to the point! 🧠
🧩 What is a trading pair?
A trading pair is two currencies between which an exchange occurs.
Example: BTC/USDT.
🔍 This means you are buying or selling BTC for USDT.
🔄 How does it work?
When you look at the pair ETH/BTC:
✅ You are buying ETH for BTC
🔽 Price = how much BTC is needed for 1 ETH
If the price ETH/BTC = 0.065 — you pay 0.065 BTC for 1 ETH.
📊 Popular types of pairs
Crypto-Crypto (ETH/BTC, SOL/USDT) 🪙
Fiat-Crypto (BTC/USD, ETH/EUR) 💵
Stablecoin-Crypto (ADA/USDT, DOGE/USDC) ⚖️
📈 Why is it important to choose the right pair?
🔸 Liquidity — the higher it is, the easier it is to buy/sell 💧
🔸 Spreads — narrow = less loss 💸
🔸 Ease of analysis — easier to follow trends 📉📈