#TradingPairs101 #TradingPairs101: A trading pair in cryptocurrency or forex refers to two assets that can be traded against each other. For example, in the BTC/ETH pair, you're trading Bitcoin for Ethereum or vice versa. The first asset is the base currency, and the second is the quote currency. The pair tells you how much of the quote currency is needed to buy one unit of the base currency. Trading pairs are essential for price discovery and market liquidity. Some pairs involve fiat currencies like USD, while others are crypto-to-crypto. Understanding trading pairs helps traders identify opportunities, navigate exchanges, and manage risk. Always check pair liquidity and fees before making trades—it affects your cost and execution.

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#TradingPairs101: A trading pair in cryptocurrency or forex refers to two assets that can be traded against each other. For example, in the BTC/ETH pair, you're trading Bitcoin for Ethereum or vice versa. The first asset is the base currency, and the second is the quote currency. The pair tells you how much of the quote currency is needed to buy one unit of the base. Trading pairs are essential for price discovery and market liquidity. Some pairs involve fiat currencies like USD, while others are crypto-to-crypto. Common pairs include #ETH/USDT and SOL/BTC. Always check pair liquidity and fees before trading—it affects your cost and execution.