#TradingPairs101 Hello My Name is Summair Ahmed

I'm 1 month old trader.

#TradingPairs101 A trading pair refers to two different currencies that can be traded against each other on an exchange, such as BTC/USDT or ETH/BTC. The first currency is what you're buying or selling, and the second is what you're using to make the transaction. Trading pairs help determine the value of one coin relative to another. Popular pairs often involve stablecoins like USDT for easy valuation. Understanding trading pairs is essential for navigating exchanges, executing trades efficiently, and analyzing market trends. They also impact liquidity and can influence trading strategies based on volatility, volume, and market demand.