$BTC #TradingPairs101 What does BTC/USDT mean? It's not as complicated as it seems 👇
Imagine you are at a currency exchange, but instead of exchanging dollars for euros… you exchange cryptocurrencies.
💱 A trading pair = 2 assets that you can exchange with each other.
For example:
👉 BTC/USDT
You are buying or selling Bitcoin using Tether (USDT) as the reference currency.
📌 If you buy: you are exchanging USDT for BTC
📌 If you sell: you are exchanging BTC for USDT
🎯 Choosing the right pair matters:
* If you have BNB and want ETH, look for the pair BNB/ETH
* If it doesn't exist, you may need to make an intermediate step: BNB → USDT → ETH
💡 Beginner's tip:
Before trading, make sure you know what you are giving and what you are receiving.
Don't let the symbols confuse you!