#TradingPairs101

🔄 #TradingPairs101: Understanding Trading Pairs in Crypto

In cryptocurrency exchanges, trades are conducted through trading pairs. A pair represents the exchange between two assets, such as BTC/USDT. In this case, you are buying or selling Bitcoin based on the price of Tether (USDT).

💡 There are two main types of pairs:

Crypto–Fiat (e.g., ETH/USD, BTC/EUR): ideal for those who measure their gains in traditional currencies.

Crypto–Crypto (e.g., ETH/BTC, SOL/ETH): useful for those looking to grow their portfolio in relation to another crypto.

📊 Choosing the right pair is key. It affects your exposure to risk, the liquidity of the trade, and the ease of entering or exiting the market.

Understanding pairs is essential for trading intelligently and optimizing your decisions.