#TradingPairs101

A trading pair represents two different currencies or assets you can trade between on an exchange. It shows how much of one asset is needed to purchase another. For example, in the BTC/USDT pair, BTC is the base currency and USDT is the quote currency. If BTC/USDT is priced at 65,000, it means 1 Bitcoin equals 65,000 USDT. Trading pairs help traders compare values and trade efficiently. Popular crypto trading pairs include ETH/BTC, ADA/USDT, and XRP/USDT. Choosing the right trading pair is essential for maximizing profit and managing risk effectively in the cryptocurrency market.