🔁 #TradingPairs101 : The secret language of the crypto market 🧠📊
Imagine you are at an international airport 🌍. You see flights that say “BTC/USDT”, “ETH/BTC” or “SOL/BNB”. Where do they take you? What do they mean? Today I will explain how to read trading pairs like a true trader. 🧭
💡 A trading pair is simply an exchange between two currencies. It's like saying: I want to exchange this for that. For example:
🔸 BTC/USDT = You are buying or selling BTC using USDT.
🔸 ETH/BTC = You are exchanging Ethereum for Bitcoin (or vice versa).
📈 The first token is the base asset. The second is the quote asset. The price indicates how many units of the second you need to obtain one unit of the first
Example: if the pair SOL/USDT is at 165, that means 1 SOL costs 165 USDT. Simple, right?
🎯 But here comes the interesting part...
✅ Choosing the right pair can save you fees, give you better liquidity, and more opportunities.
✅ There are direct pairs (like BTC/USDT) and crossed pairs (like ADA/BNB), which allow you to move between cryptos without going through fiat.
✅ Some pairs are ideal for arbitrage or avoiding exposure to the dollar if you are trading with BNB or ETH.
⚠️ Pro tip: Before making a purchase, check if the asset you want has a pair with the currency you already have. It can make a difference.
🚀 Understanding pairs is speaking the language of the market. And when you speak its language… you can negotiate much better.
📣 What pair do you trade most with? Comment, share, and help others understand this key point of trading. 💬💥
Sources: Binance Academy, Messari, CoinMarketCap (consulted on June 5, 2025).