#TradingPairs101
🔄 What are trading pairs? And why are they important?
Trading pairs mean that you are trading one currency for another. For example, in the BTC/USDT pair, you are buying or selling Bitcoin for Tether.
🧠 Understanding trading pairs is very important because:
• 📊 The price is always measured in the second currency in the pair (the quote currency).
• 🛠️ Choosing the right pair affects fees, liquidity, and execution speed.
• 💹 Some currencies can only be purchased through specific pairs (like BNB/ETH).
✅ Tip: Before trading, make sure you understand the relationship between the two currencies in the pair and the availability of liquidity in the market.
#TradingPairs101
#CryptoBasics #Learn_Trading #Crypto