#TradingPairs101

Understanding the Quote**

A trading pair shows the value of one asset **relative to another**. It's written as `BASE/QUOTE` (e.g., BTC/USD).

* **Base Asset:** The asset you are *buying* or *selling* (e.g., BTC).

* **Quote Asset:** The asset used to *price* the base (e.g., USD). It shows how much QUOTE is needed to buy one BASE.

**Major Pairs:** Involve major fiat currencies (e.g., EUR/USD).

**Cross Pairs:** Exclude USD (e.g., EUR/GBP).

**Crypto Pairs:** Involve two cryptocurrencies (e.g., ETH/BTC).

**Why it matters:** You always trade *both* assets in the pair. Choose pairs based on your strategy and desired exposure! #TradingPairs101