#TradingPairs101
What's a trading pair? It's two assets traded against each other, like BTC/USDT.
Types:
1. Major pairs: Popular assets like BTC/USDT.
2. Altcoin pairs: Less common assets like ETH/LINK.
How it works:
1. Buy/Sell: Trade one asset for another.
2. Price movement: Exchange rate fluctuates based on supply/demand.
Key concept:Understanding trading pairs helps you:
1. Diversify portfolio
2. Manage risk
3. Spot opportunities
Your turn! What's your favorite trading pair? Share your experience or ask a question about trading pairs!
Let's trade knowledge!