#TradingTypes101 Trading pairs are a fundamental concept in cryptocurrency trading. Here's a quick rundown:

*What are Trading Pairs?*

A trading pair represents the exchange rate between two assets, such as cryptocurrencies or a cryptocurrency and a fiat currency. For example:

- *BTC/USDT*: Bitcoin (BTC) paired with Tether (USDT), a stablecoin pegged to the US dollar.

- *ETH/BTC*: Ethereum (ETH) paired with Bitcoin (BTC).

*Types of Trading Pairs*

1. *Major Pairs*: Pairs involving prominent cryptocurrencies like BTC/USDT or ETH/USDT.

2. *Altcoin Pairs*: Pairs involving less popular cryptocurrencies, such as LTC/BTC or DOGE/USDT.

3. *Cross Pairs*: Pairs that don't involve a major currency, like ETH/LTC.

*Key Concepts*

1. *Base Currency*: The first currency in the pair (e.g., BTC in BTC/USDT).

2. *Quote Currency*: The second currency in the pair (e.g., USDT in BTC/USDT).

3. *Exchange Rate*: The price of the base currency in terms of the quote currency.

*Trading Pairs Strategies*