#TradingPairs101
In the world of trading, you won’t hear anyone say: "I just bought Bitcoin," but you will hear: "I traded BTC/USDT." Why? Because trading always happens between a pair of assets.
Trading pair = An asset whose value is compared to another asset. For example:
BTC/USDT means how much USDT you need to buy 1 BTC.
ETH/BTC means how much Bitcoin you need to buy 1 Ethereum.
Why is this important? Because the choice of pair affects:
Fees
Price volatility
Market depth
Opportunities for profit or loss
👀 Professional traders do not stop at analyzing the asset; they analyze both currencies in the pair! Because the strength or weakness of the quote currency may affect the final price movement.
Remember: Not all pairs are equal in liquidity or popularity. Choose the pair that suits your strategy and level of expertise.
