🔁#TradingPairs101 in Binance | What Are You Really Trading? 🤔
Ever seen something like BTC/USDT on Binance and wondered what it means? Let’s break it down! 👇
🔹 What’s a Trading Pair?
A trading pair tells you which two assets you’re trading between.
Example:
👉 BTC/USDT = You’re using USDT (Tether) to buy or sell BTC (Bitcoin).
🔹 Base vs Quote Currency
Base = the asset you’re buying or selling (e.g., BTC)
Quote = what you're paying with (e.g., USDT)
So, BTC/USDT = 1 BTC costs X USDT
🔹 Types of Pairs on Binance:
1. Crypto-to-Stablecoin (e.g., ETH/USDT)
✅ Great for beginners — easier to track value.
2. Crypto-to-Crypto (e.g., ETH/BTC)
🔄 Trade one coin for another directly.
3. Fiat-to-Crypto (e.g., BTC/EUR or BNB/TRY)
💶 Buy crypto using real-world currency.
🔹 Why It Matters:
✅ Choosing the right pair affects your fees, profits, and trade speed.
✅ Some pairs have more liquidity = faster, smoother trades.
🧠 Pro Tip:
Always check the volume and liquidity of a pair before trading.
The more people trading it, the better your experience!