Understanding the Basics of Crypto Trading đ
New to crypto trading? Letâs break down trading pairs! A trading pair lets you swap one crypto for anotherâthink of it like a currency exchange. For example, ETH/USDT means youâre trading Ethereum for Tether. If ETH goes up in value against USDT, youâd profit by buying low and selling high.
There are crypto-to-crypto pairs (like ETH/BTC) and crypto-to-stablecoin pairs (like ETH/USDT). Knowing which pair to use depends on your goals: Are you trading for profit, stability, or accumulation?
đ§ Pro tip: Always watch the volume and spreadâliquidity matters!
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