#TradingPairs101 Crypto Trading Pairs Explained Simply

A trading pair shows two assets you can exchange (like BTC/USDT). The first is what you trade, the second shows the price.

Why use them?

- Trade cryptos directly without converting to cash

- Lower fees than multiple conversions

- Access coins that don't have cash pairs

Popular pairs:

BTC/USDT (most common)

ETH/USDC (stable option)

SOL/BNB (riskier altcoins)

How to read:

BTC/USDT = 70,000 means 1 Bitcoin costs 70,000 USDT

Smart trading tips:

- Watch for price differences across exchanges

- Use charts to spot trends

- Pair risky coins with stablecoins to reduce risk

Choose exchanges with:

Good security

Low fees

Many pair options

Risks to know:

Prices can change fast

Some pairs are hard to trade quickly

Start by:

1. Picking a trusted exchange

2. Learning to read price charts

3. Practicing with small amounts

Remember: Big news (like ETF approvals) can change prices fast.

#TradingPairs101 #CryptoBasics