#TradingPairs101
๐ #TradingPairs101 โ What Are Trading Pairs? ๐
In crypto (and traditional finance), a trading pair lets you exchange one asset for another.
๐ง Example:
BTC/USDT
Youโre trading Bitcoin (BTC) against Tether (USDT) โ selling BTC to get USDT or using USDT to buy BTC.
โ Common Types of Pairs:
Crypto-to-Stablecoin: BTC/USDT, ETH/USDC
(Best for measuring value in USD terms)
Crypto-to-Crypto: ETH/BTC, SOL/ETH
(Used for rotating between coins)
Fiat-to-Crypto: BTC/EUR, ETH/INR
(For on-ramping or off-ramping cash)
๐ก Pro Tip:
Always check liquidity and volume โ high-volume pairs have better prices and faster fills.
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Want to go deeper into how to choose the right pair for your trade? Drop a ๐ฅ in the comments!
#CryptoTrading #BinanceTips #Crypto101