#TradingPairs101
#TradingPairs101: Your Guide to Understanding Trading Pairs in Cryptocurrency
In the world of cryptocurrency, understanding trading pairs is one of the most important foundations needed by every trader. For this reason, the hashtag #TradingPairs101 has emerged as an important reference for both beginners and professionals alike, clarifying how to choose the right trading pairs and strategies for dealing with them.
What are trading pairs?
Trading pairs are a way to measure the value of one cryptocurrency against another. For example, when looking at the BTC/USDT pair, it means you are trading Bitcoin for the digital dollar USDT. This means the displayed price reflects the amount of USDT required to purchase one unit of Bitcoin.
Why are trading pairs important?
