📘 #TradingPairs101 | Basics of Trading Pairs on Binance

Have you ever wondered what trading pairs like BTC/USDT or ETH/BUSD mean? 🤔

Here’s a quick overview:

🔄 A trading pair is a comparison between two currencies – one you buy, and the other you pay with.

Example:

🔹 In the BTC/USDT pair

✅ BTC = base currency

✅ USDT = quote currency

When you buy this pair, you are buying Bitcoin using Tether.

💡 Some tips for beginners:

1️⃣ Choose pairs with high liquidity

2️⃣ Monitor the spread (the difference between buy and sell prices)

3️⃣ Keep an eye on news affecting the two currencies in the pair

Start by analyzing the most traded pairs, and be smart in choosing the right market! 📊

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