#TradingPairs101

#TradingPairs101 โ€“ How Pairs Work on Binance ๐Ÿ”„๐Ÿ’ฑ

When trading crypto on Binance, youโ€™ll notice every asset is paired with another โ€” these are called trading pairs. But what do they really mean? Letโ€™s simplify it ๐Ÿ‘‡

๐Ÿ’ก What Is a Trading Pair?

A trading pair shows two assets you can swap between โ€” like BTC/USDT.

You're trading one asset for another.

โžก๏ธ In BTC/USDT, you're buying or selling Bitcoin using Tether.

๐Ÿ”น Quote vs. Base Asset

Base Asset: The first in the pair (what you're buying or selling)

Quote Asset: The second in the pair (what you're paying with)

๐Ÿ“Œ Example:

In ETH/BTC, youโ€™re buying Ethereum using Bitcoin.

In BNB/USDT, youโ€™re buying BNB with Tether (USDT).

๐Ÿง  Why It Matters

Pairs define how you enter or exit a position

Not all coins are tradable with fiat โ€” some only pair with BTC, ETH, or BNB

You can strategize better with cross-pair opportunities

๐Ÿ› ๏ธ On Binance, Youโ€™ll Commonly See:

Crypto/FIAT โ†’ e.g. BTC/USDT, ETH/EUR

Crypto/Crypto โ†’ e.g. MATIC/BTC, SOL/BNB

Stablecoin Pairs โ†’ e.g. USDT/BUSD