🎯 #TradingPairs101 – Learn the Basics Smartly!

Have you ever wondered what trading pairs like BTC/USDT or ETH/BTC mean? 🤔

Here’s a quick guide👇

🔁 What are trading pairs?

They are simply a comparison between the value of two currencies – like comparing the price of Bitcoin against Tether (BTC/USDT).

💡 Think of it this way:

🔹 If you buy BTC using USDT, you are trading on the BTC/USDT pair.

🔹 If you sell ETH for BTC, you are using the ETH/BTC pair.

⚖️ The first currency = Base currency

💵 The second currency = Quote currency

🔍 Example:

If the BTC/USDT pair = 70,000, this means that 1 Bitcoin = 70,000 Tether.

📈 Why is this important?

✅ Understanding trading pairs helps you to:

Choose the right markets

Understand price movements

Execute more accurate trades

💥 Start your journey with confidence, and understanding trading pairs is the first step towards success in the crypto world!