#TradingPairs101 ### **#TradingPairs101 (
**Trading Pairs = Assets traded against each other**
- **For example**: EUR/USD (Euro/Dollar), BTC/USD (Bitcoin/Dollar)
**Types**:
1. **Major** (High liquidity) like USD/EUR
2. **Minor** (Lower liquidity) like EUR/GBP
3. **Exotic** (High volatility) like USD/TRY
**How does it work?**
- Buying = acquiring the first currency (Base)
- Selling = giving up the second currency (Quote)
**Why does it matter?**
- ✅ High liquidity in major pairs
- 📈 Volatility provides profit (and loss!) opportunities
#Economy #Trading