📈 Why is understanding trading pairs essential? #TradingPairs101
Did you know that trading pairs are the starting point for any cryptocurrency buy or sell operation? 🔁
Recently, Binance announced new trading pairs, including $DOGE /FDUSD and ARB/TRY, which opened new opportunities for traders seeking more liquidity and arbitrage.
👉 But what does this mean in practice?
Each pair represents two currencies being traded against each other — for example, in the BTC/USDT pair, you are exchanging Bitcoin for Tether (or vice versa). Understanding this helps you to:
✅ Know which crypto is being bought and sold
✅ Choose the pair with the lowest fee and highest liquidity
✅ Take advantage of opportunities in less contested pairs
💡 Tip: Always observe the trading volume and conversion rate before trading.
Want to learn more? Follow the series #TradingPars101 here on Square and transform your way of seeing the market! 🚀