#TradingPairs101 *Trading Pairs:*

A trading pair represents the exchange rate between two assets, such as currencies or cryptocurrencies. In a pair, one asset is bought or sold for another. For example, in the BTC/USDT pair, Bitcoin (BTC) is traded for Tether (USDT).

*Components:*

- *Base Asset*: The asset being bought or sold (BTC).

- *Quote Asset*: The asset used to price the base asset (USDT).

*Importance:*

- Enables trading and price discovery

- Reflects market sentiment and liquidity

- Allows for arbitrage and hedging opportunities

Understanding trading pairs is fundamental for navigating financial markets effectively.