#TradingPairs101 ๐๐
1. What constitutes a trading pair? A trading pair consists of a base asset (e.g., BTC) and a quote asset (e.g., USDT), where the base asset's price is expressed in terms of the quote asset. ๐ฑ๐๐ฐ
2. Leading Trading Pairs by 24-Hour Volume:
BTC/USDT โ $30 Billion
ETH/USDT โ $20 Billion
BNB/USDT โ $5 Billion ๐ฒ๐๐ฅ
3. Volatility Analysis of Trading Pairs (24-Hour Change):
BTC/USDT โ ยฑ2%
ETH/USDT โ ยฑ3%
SOL/USDT โ ยฑ6-8%
Small-cap Altcoins โ ยฑ15-25% ๐๐๐
4. Trading Pair Selection Based on Strategy:
Scalping: $BTC /USDT, $ETH /USDT (characterized by tight spreads and deep order books)
Swing Trading: $SOL /USDT, ADA/USDT (suitable for trending markets with moderate volatility)
Speculative Trading: Low-capitalization pairs (well-suited for significant breakout opportunities) ๐ก๐๐ฐ
Professional Recommendation: Monitor five key trading pairs: two major assets (BTC, ETH) and three altcoins exhibiting varying market capitalization and volatility levels. This diversified approach can optimize performance and maximize Binance points accumulation. ๐โ ๐
