š #TradingPairs101
š Trading pairs are fundamental for operating in the crypto world! A trading pair (like BTC/ETH or USDT/BNB) indicates that you are exchanging one cryptocurrency for another.
š” For example, if you are using the BTC/USDT pair, you are selling or buying Bitcoin using Tether (USDT).
š Attention: the liquidity and trading volume of a pair are crucial for determining how quickly you can enter or exit a position.
š The most common pairs are pegged to stablecoins like USDT or tokenized fiat.
ā Knowing the best pairs to use can help you save on fees and improve your strategy.
š Tip: use tools like CoinMarketCap or TradingView to analyze volumes and spreads!
