#TradingPairs101 Trading Pairs 101
What are Trading Pairs?
In trading, a trading pair refers to two assets that are traded against each other. One asset is bought while the other is sold. Trading pairs are commonly used in forex, cryptocurrency, and other financial markets.
How Trading Pairs Work
1. *Base Asset*: The first asset in the pair is the base asset, which is the asset being bought or sold.
2. *Quote Asset*: The second asset in the pair is the quote asset, which is the asset used to quote the price of the base asset.
Examples of Trading Pairs
1. *Currency Pairs*: EUR/USD, USD/JPY, GBP/USD
