#TradingPairs101
The hashtag #TradingPairs101 is also an educational tag, similar to #Liquidity101, and is used to provide a simplified explanation of trading pairs, especially in the world of currency trading (Forex) or digital currencies (Crypto).
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Analysis of the hashtag meaning:
#: The hashtag symbol for categorizing content.
Trading Pairs: means "trading pairs", which are pairs of assets that can be exchanged with each other (like BTC/USD or EUR/USD).
101: means "introduction or basics", as used in introductory educational courses.
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What does Trading Pairs mean?
They are the assets that can be traded against each other. Each pair consists of:
Base Currency – the first in the pair.
Quote Currency – the second in the pair.
Examples:
Trading Pair Explanation
BTC/USD You buy or sell Bitcoin against the US dollar.
ETH/BTC You buy or sell Ethereum against Bitcoin.
EUR/USD You buy or sell Euro against the dollar.
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Why is this important?
Understanding trading pairs is essential to start any type of trading, because you are not "just buying an asset" but trading between two assets.
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Content appearing under hashtag #TradingPairs101 may include:
Explaining the difference between major and minor pairs.
How to choose the right pair for trading.
Trading strategies by pair (like trading volatile pairs).
