*#TradingPairs101 | What are trading pairs and why are they important? 🔄*
🔗 *Trading Pair* = Two currencies exchanged in the market.
Example: *BTC/USDT* means you are buying or selling *Bitcoin* for *Tether*.
📌 Common types:
1. *Pairs with Stablecoins:*
Such as BTC/USDT or ETH/USDC — suitable for reducing volatility.
2. *Pairs with other cryptocurrencies:*
Such as ETH/BTC — useful for speculating between digital assets.
3. *Pairs with local currencies:*
Such as BTC/EUR or ETH/TRY — available on platforms that support fiat.
🎯 *Why is it important for you to understand them?*
– To determine market direction
– To accurately calculate profits
– To choose the most suitable pair for your strategy
💬 Do you trade more with USDT pairs or BTC? Share your opinion with us! 👇
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