#TradingPairs101 #TradingPairs101
🔁 #TradingPairs101 | What are the trading pairs in the crypto world? 💱
When you enter a trading platform, you will find assets trading in the form of "pairs", but what does it mean? 🤔
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💡 What is a trading pair?
It is a comparison of two digital assets that are used to buy the other.
📌 Example:
BTC/USDT = How many USDT do you need to buy 1 BTC?
ETH/BTC = How much BTC do you need to buy 1 ETH?
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✳️ Types of trading pairs:
1️⃣ Stablecoins:
Such as BTC/USDT or ETH/FDUSD – most commonly used due to price 💵 stability
2️⃣ Crypto vs Crepe pairs