🔄 #TradingPairs101: The Basics You Need to Know
Every crypto trade involves a pair—and understanding how trading pairs work is key to navigating the markets.
🔹 What’s a Trading Pair?
A trading pair shows which two assets you can swap. For example, $PORT3/USDT means you’re trading Port3 against Tether.
🔹 Base vs. Quote
• First token = what you’re buying or selling (base)
• Second token = what you’re pricing it in (quote)
So in $PORT3/USDT, you’re buying or selling $PORT3 using USDT.
🔹 Why It Matters
Choosing the right pair can impact fees, liquidity, and your trading strategy. Some pairs have better depth, tighter spreads, or lower slippage.
Smart traders pick their pairs wisely. Know what you’re trading—down to the pair.