#TradingPairs101
A trading pair shows which two assets you can trade between on an exchange.
๐ Format: ASSET1/ASSET2
It means youโre buying ASSET1 using ASSET2, or vice versa.
โธป
๐งฉ Common Examples:
โข BTC/USDT ๐ /๐ต โ Buy or sell Bitcoin using Tether
โข ETH/BTC ๐ท/๐ โ Trade Ethereum against Bitcoin
โข SOL/USDC โ๏ธ/๐ต โ Buy Solana using USD Coin
โข SHIB/ETH ๐/๐ท โ Buy Shiba Inu using Ethereum
โธป
๐ก Why Trading Pairs Matter:
โข ๐ Liquidity varies by pair (BTC/USDT is very liquid)
โข ๐ Allows cross-asset trading without converting to fiat
โข ๐ธ Influences fees, price charts, and strategies
โธป
๐ง Tip:
Before trading, always check the base and quote currency:
โข First asset = what youโre buying or selling
โข Second asset = what youโre using to pay or receive