🪙 What are Trading Pairs? Stop trading blindly!
In crypto, a Trading Pair is a combination of two types of assets that you can swap back and forth. For example: BTC/USDT, ETH/BTC, or SOL/BNB.
Simply put: if you have USDT and want to buy BTC, you need to look for the BTC/USDT pair. Similarly, if you want to exchange ETH for BNB, you need to trade the ETH/BNB pair – you can't just exchange anything you want!
Tip:
• The more popular the trading pair, the higher the liquidity, making it easier to execute orders.
• Some smaller coins only have pairs with BNB or BTC, so check carefully before depositing money onto the exchange!
Choosing the right trading pair is the first step to avoid FOMO... going off track!