#TradingPairs101 📊 Ready to dive into the world of crypto trading? Understanding trading pairs is your first step! A trading pair shows which two currencies can be traded for one another—like BTC/ETH or ETH/USDT. The first currency (base) is what you're buying or selling, while the second (quote) is what you're using to make the trade.
For example, in BTC/USDT, you're buying Bitcoin using Tether (USDT). Knowing how trading pairs work helps you navigate exchanges more efficiently, choose the right pairs, and spot arbitrage opportunities.
Master the basics, and you'll trade smarter. Stay sharp, stay informed! 🧠💹
#tradingpair101 #crypto #blockchain #cryptotrading #BTC #ETH #DeFi #web3