#TradingPairs101 #TradingPairs101
Have you ever asked yourself: "Why do I sometimes buy BTC with USDT, and sometimes trade BTC/ETH?" 🤔
The answer is simple: Trading pairs are the way you determine the currency you are buying and the currency you are paying with.
🔹 Types of Trading Pairs:
1. Pairs against stablecoins (like USDT, USDC)
For example: BTC/USDT or ETH/USDC
Ideal for those who want to know the approximate value of the currency in dollars.
2. Pairs against other cryptocurrencies
For example: ETH/BTC or SOL/BNB
Used when you want to move from one cryptocurrency to another without going back to dollars.
🔍 Why is this important?
Choosing the right pair helps you reduce fees and increase profits.
Some small coins are only available against cryptocurrencies like BNB or ETH.
🧠 Tip for Beginners:
If you are new, stick to pairs that include USDT so that the calculation of profits and losses is clearer for you.