š§ #TradingPairs101
Ever wondered why you canāt just trade crypto for "money" directly?
Welcome to the world of trading pairsāthe gateway to every exchange move you make.
A trading pair shows what youāre exchanging for what. Think: BTC/USDT or ETH/BTC.
š Here's the breakdown:
Base asset (left side): what youāre buying or selling.
Quote asset (right side): what you're pricing it in.
For example, in BTC/USDT:
Buy = Youāre buying BTC using USDT
Sell = Youāre selling BTC to get USDT
Why does it matter?
Because choosing the right pair can mean tighter spreads, faster fills, and better profits.
Smart traders scan for strength between assets, not just against the dollar.
š Tip: Donāt just ask āIs BTC going up?ā
Ask: āIs BTC outperforming ETH? SOL? USD?ā
Thatās how you level up.
#CryptoTrading #TradingTips #DeFiBasics #CryptoEducation