#TradingPairs101

Trading Pairs are two currencies traded together in financial markets, especially in cryptocurrencies. Each pair consists of a base currency and a quote currency. The price of the pair indicates the value of the base currency against the quote currency. For example, in the pair BTC/USDT, Bitcoin is the base currency and Tether is the quote currency. If the price is 30,000, this means that 1 Bitcoin is equal to 30,000 Tether. Understanding trading pairs is important for learning how to buy and sell currencies, analyzing the market, and making informed trading decisions. The TradingPairs101 course explains these concepts simply for beginners.