#TradingPairs101

A trading pair consists of two cryptocurrencies traded against each other (e.g., **BTC/USDT**). Pairs are categorized as:

- **Major Pairs**: High-liquidity pairs like **BTC/USD** or **ETH/USDT**.

- **Minor Pairs**: Less common, like **LTC/BTC**.

- **Stablecoin Pairs**: Paired with stablecoins (e.g., **ETH/USDC**).

- **Exotic Pairs**: Low-liquidity, niche coins (e.g., **DOGE/SHIB**).

Traders analyze price movements, liquidity, and volatility. **Base currency** (first) is bought/sold using the **quote currency** (second). Pairs are vital in spot, margin, and futures trading, impacting strategies like arbitrage and swing trading. Always check fees, spread, and volume before trading.