#TradingPairs101 🔁 #TradingPairs101 – What Are Trading Pairs? 🤔
When trading crypto (or any asset), you’re exchanging one currency for another. That’s where trading pairs come in!
🔹 What’s a Trading Pair?
A trading pair shows the two assets you're swapping.
For example:
💱 BTC/USDT = Trading Bitcoin against Tether (a stablecoin)
🔹 Base vs. Quote Currency
➡️ First asset = Base (what you're buying or selling)
➡️ Second asset = Quote (what it's priced in)
✅ Example:
BTC/USDT = 70,000 means 1 BTC = 70,000 USDT
You can buy BTC using USDT or sell BTC to receive USDT
🔄 Common Crypto Pairs:
BTC/USDT
ADA/ETH
SOL/USDT
💡 Pro Tip: Start with pairs that involve stablecoins (like USDT or USDC) for easier tracking of profits/losses!
💬 Still confused about trading pairs? Ask your questions below!
#CryptoBasics #CryptoTrading #LearnCrypto #TradingTips
