#TradingPairs101 Trading Pairs 101" refers to the fundamentals of trading pairs, an essential concept in financial markets such as currencies (Forex) and cryptocurrencies. A trading pair represents the quotation of two assets against each other, where one is bought and the other is sold simultaneously.
For example, in the BTC/USDT pair, BTC is the "base currency" and USDT is the "quote currency". This means that the price indicates how many units of USDT are needed to buy one unit of BTC. The key is to understand the value relationship between both assets and to anticipate how they will move in relation to each other. Choosing the right pair is crucial for your strategy, based on liquidity, volatility, and your own market analysis.