#TradingPairs101

Trading pairs are a fundamental concept in cryptocurrency and traditional finance trading. A trading pair consists of two types of assets, for example: BTC/USDT. This indicates that you are using USDT to buy BTC, or vice versa. Understanding the trading pair helps you determine the value of one asset relative to another. Common pairs include BTC/ETH, ETH/USDT, or pairs with fiat currencies like BTC/USD. Choosing the right trading pair can significantly impact your profits, transaction fees, and liquidity. If you are a beginner, familiarize yourself with popular pairs and how they work before actual trading.