#TradingPairs101
š New to crypto? Letās break down the basics with #TradingPairs101 ! A trading pair compares the value of one cryptocurrency to anotherāthink BTC/ETH or USDT/ADA. It tells you how much of one asset you need to get another. For example, in the BTC/USDT pair, you're trading Bitcoin against Tether. These pairs help determine prices and enable smooth market movement on exchanges.
There are two main types: crypto-to-crypto (like ETH/BTC) and crypto-to-fiat (like BTC/USD). Understanding pairs is key to reading charts, placing trades, and managing risk.
Mastering trading pairs helps you make smarter moves and avoid costly mistakes. Always check the base and quote currency before hitting ābuyā or āsellā!
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