#TradingPairs101 ๐ New to crypto trading? Letโs break down #TradingPairs101 ๐
A trading pair allows you to exchange one crypto asset for another. For example, in BTC/USDT, you're trading Bitcoin against Tether. If you buy BTC/USDT, you're buying BTC using USDT. If you sell it, youโre exchanging BTC for USDT.
Understanding pairs is key to navigating the market smartly. Some popular pairs include:
ETH/BTC โ Ethereum vs Bitcoin
BNB/USDT โ Binance Coin vs Tether
SOL/ETH โ Solana vs Ethereum
๐ก Tip: Always check liquidity and spread before entering a trade!
Learn the basics, trade with confidence. ๐