#TradingPairs101 What’s a Trading Pair?
A combo of two assets (e.g., BTC/USDT) where you trade one against the other.
Base vs. Quote Currency : BTC is the base; USDT is the quote. Price = how much quote you need to buy 1 base.
Types of Pairs :
✔️ Fiat-Crypto (BTC/USD): Easy on/off-ramps.
✔️ Crypto-Crypto (BTC/ETH): Higher volatility, lower fees.
✔️ Stablecoin-Crypto (ADA/USDT): Less volatility, smooth trading.
How to Choose?
🔍 Strategy Alignment :
Day Trading : High-liquidity pairs (e.g., BTC/USDT).
Swing Trading : Crypto-fiat pairs for trend capture
DeFi Play : ETH/DAI or BNB/BUSD for yield opportunities.
🔍 Volume & Spread : Prioritize pairs with tight spreads and deep order books. Avoid low-volume traps!
🔍 Market Trends : Trade pairs with strong momentum or correlation (e.g., altcoins vs. BTC).
Pro Tip : Start with majors (BTC, ETH), then explore altcoins as you gain confidence. Always check market depth before entering! 🚀