#TradingPairs101 if you are new,
Trading pairs are the foundation of trading in financial markets, such as cryptocurrencies or Forex. A pair, like BTC/USD, represents the price of a base currency ($BTC or $ETH) in relation to a quote currency (USD). The first asset is the one that is bought or sold, and the second is the medium of payment.
When you trade a pair, you are essentially betting that the value of the base currency will rise or fall against the quote currency. For example, by buying BTC/USD, you expect Bitcoin to appreciate against the dollar. Understanding pairs is crucial for identifying opportunities and managing risks in trading
