#TradingPairs101

TradingPairs101 is a foundational concept in cryptocurrency trading, focusing on understanding how different cryptocurrencies are paired for exchange. Each trading pair consists of a base currency and a quote currency, indicating how much of the quote currency is needed to purchase one unit of the base currency. For example, in the pair BTC/USDT, Bitcoin (BTC) is the base currency, and Tether (USDT) is the quote currency. This structure helps traders determine price movements and make informed decisions. Platforms like Binance often use hashtags like #TradingPairs101 to promote educational content and discussions on this topic.