📊 #TradingPairs101 — Master the Basics! 🚀
Before you trade crypto, you NEED to understand Trading Pairs 🔁
🔹 What is a Trading Pair?
A trading pair shows which two assets you're swapping. You’re buying one and selling the other.
➡️ Example: BTC/USDT
You're trading Bitcoin (BTC) against Tether (USDT).
🟢 If you buy BTC/USDT, you're using USDT to get BTC.
🔴 If you sell BTC/USDT, you're exchanging BTC for USDT.
✅ It's how prices are determined.
💡 No USD? Then BTC/ETH is your pair—trading BTC using Ethereum!
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🔁 Common Trading Pairs:
BTC/USDT
SOL/USDC
XRP/BNB
Know the quote and base asset 📈
Base = What you're buying/selling
Quote = What you're using to trade it
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🔥 Pro Tip:
Always check liquidity and fees on pairs—some trades are costlier than others!