#TradingPairs101

A trading pair shows which two assets you can trade between on an exchange.

๐Ÿ“Š Format: ASSET1/ASSET2

It means youโ€™re buying ASSET1 using ASSET2, or vice versa.

โธป

๐Ÿงฉ Common Examples:

โ€ข BTC/USDT ๐ŸŸ /๐Ÿ’ต โ†’ Buy or sell Bitcoin using Tether

โ€ข ETH/BTC ๐Ÿ”ท/๐ŸŸ  โ†’ Trade Ethereum against Bitcoin

โ€ข SOL/USDC โ˜€๏ธ/๐Ÿ’ต โ†’ Buy Solana using USD Coin

โ€ข SHIB/ETH ๐Ÿ•/๐Ÿ”ท โ†’ Buy Shiba Inu using Ethereum

โธป

๐Ÿ’ก Why Trading Pairs Matter:

โ€ข ๐Ÿ“ˆ Liquidity varies by pair (BTC/USDT is very liquid)

โ€ข ๐ŸŒ Allows cross-asset trading without converting to fiat

โ€ข ๐Ÿ’ธ Influences fees, price charts, and strategies

โธป

๐Ÿง  Tip:

Before trading, always check the base and quote currency:

โ€ข First asset = what youโ€™re buying or selling

โ€ข Second asset = what youโ€™re using to pay or receive