#TradingPairs101 TradingPairs101
Trading pairs are the foundation of cryptocurrency trading. A trading pair represents the exchange rate between two assets, such as BTC/USDT or ETH/BTC. Here's a brief overview:
*Key components:*
1. *Base asset*: The asset being bought or sold (e.g., BTC).
2. *Quote asset*: The asset used to quote the price (e.g., USDT).
*How it works:*
1. Buy: You exchange quote asset for base asset.
2. Sell: You exchange base asset for quote asset.