#TradingPairs101 What Are Trading Pairs in Crypto? Let's simplify it. ๐
๐ A trading pair shows how you can trade one asset for another โ like BTC/USDT or ETH/BTC.
๐ฑ Base Asset / Quote Asset
โก๏ธ BTC/USDT
Youโre buying BTC (base) using USDT (quote).
Price shows how much 1 BTC costs in USDT.
Youโre buying ETH using BTC.
Price shows how much 1 ETH costs in BTC.
๐ง Why It Matters:
Not all cryptos trade directly with fiat (like USD or EUR)
Some tokens only trade against ETH or BTC
Knowing your pair helps avoid costly mistakes!
๐ก Always double-check the direction of the pair before placing an order!
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