#TradingPairs101 refers to a basic introduction to trading pairs in the context of financial markets, especially cryptocurrency and forex. Here's a quick breakdown to get you started:

What Are Trading Pairs?

A trading pair is a market between two assets where you can exchange one for the other. It's written in the format:

BASE/QUOTE (or sometimes just together, like BTC/USD).

Few of the famous and most traded crypto trade pairs are as follows.

$BTC : BTC/USDT

$ETH : ETH/USDT

$XRP : XRP/USDT

It is important to note that the first crypto of the crypto pair is actually what we sell or buy with respect to the second crypto currency. For example if you buy $BTC (BTC/ISDT) it will mean that you bought BTC at the rate of some USDT. let's say BTC/USDT pair price is 105000, so if you buy BTC/USDT it will mean you exchanges BTC against USDT. or one has to pay in usdt to but BTC.

Presently all these trading pairs are correcting themselves after reaching new recent time highs.

It is better to wait for the market to bottom beore entering to buy.

note: do your own research before investing.