#TradingPairs101 Correct!
Each pair consists of a Base asset and a Quote asset. For example, in the pair BTC/USDT:
BTC is the Base asset (the one you buy or sell)
USDT is the Quote asset (the one that the value of the Base asset is measured against)
💡 Why is this important? Choosing the right pair affects:
Fees (some pairs are cheaper to trade)
Liquidity (some pairs execute faster)
Trend analysis (for example: BTC/ETH shows you the strength of BTC against ETH, not against the dollar)