#TradingPairs101

Trading pairs are combinations of two assets that can be traded against each other on an exchange. In crypto and forex markets, pairs like BTC/USDT or EUR/USD show the value of one asset in terms of another. The first asset is the "base," and the second is the "quote." For example, in BTC/USDT, you're buying Bitcoin using Tether. Trading pairs help users switch between different currencies or assets. Choosing the right pair affects liquidity, fees, and potential profits. Understanding trading pairs is essential for navigating exchanges efficiently and making informed trading decisions in both crypto and traditional markets.