#CircleIPO TradingPairs101 In the world of crypto trading, trading pairs refer to two currencies that can be traded against each other on an exchange. For example, in the pair BTC/USDT, you're trading Bitcoin against Tether (a stablecoin). Understanding trading pairs is essential to navigating the market and making strategic trades.

Here are some common types of trading pairs:

1. Crypto-to-Stablecoin (e.g., ETH/USDT): Allows traders to measure the value of a volatile crypto like Ethereum against a stable asset like Tether. Ideal for protecting profits during high volatility.

2. Crypto-to-Crypto (e.g., BTC/ETH): Enables the exchange of one cryptocurrency for another. Useful for portfolio diversification without cashing out to fiat.

3. Crypto-to-Fiat (e.g., BTC/USD): These pairs allow direct conversion between crypto and traditional currencies like the U.S. dollar. Great for entry or exit points from the crypto market.

4. Altcoin-to-Altcoin (e.g., ADA/SOL): Useful for advanced traders looking to switch between altcoins with different growth potential.

Each trading pair offers different liquidity, volatility, and opportunity. Choosing the right pair is key for efficient and profitable trading.