#交易对 (Trading Pair).

The choice of trading pair not only affects the price at which you place your orders, but also influences your profit and loss logic, the depth of liquidity, and the efficiency of capital allocation.

Today, Sister Mao Mao will take you from 0 to 1, helping you understand the underlying logic of trading pairs 👇

🧠 What is a trading pair? (Base Asset vs Quote Asset)

A trading pair refers to what currency you use to buy/sell another currency.

📌 It consists of two parts:

Base Asset: The currency you want to trade, such as BTC.

Quote Asset: The currency you use to measure/settle, such as USDT.

➡️ For example, BTC/USDT:

You buy BTC with USDT, 1 BTC = xxx USDT.

➡️ For example, ETH/BTC:

You buy ETH with BTC, 1 ETH = xxx BTC.

🧩 Why does the choice of trading pair affect your profit and loss?