#TradingPairs101 :

🔁 #TradingPairs101

See the BTC/USDT or ETH/BTC writing on the exchange and confused about what it means? 🤯

Don't worry, let's discuss the basics! 👇

📌 Trading Pair = A pair of assets that can be exchanged on the exchange.

Examples:

BTC/USDT ➡️ You buy Bitcoin using USDT

ETH/BTC ➡️ You buy Ethereum using Bitcoin

🎯 General format:

BASE/QUOTE

BASE = The asset being bought/sold

QUOTE = The asset used for payment

Example:

📊 In the BTC/USDT pair,

➡️ Price of 1 BTC = 65,000 USDT

➡️ If you buy, you are exchanging USDT to get BTC

💡 Choose a pair that is liquid and fits your strategy!

#CryptoTrading #BelajarCrypto #CryptoForBeginners #TradingPairs