#TradingPairs101 : Basics of Currency Pairs in Trading** 🔹
In trading, **trading pairs** are two assets that can be exchanged for one another on an exchange. For example, in the pair **BTC/USDT**, traders can buy and sell Bitcoin for stable USDT.
📊 **Main Types of Trading Pairs:**
✅ **Fiat:** EUR/USD, USD/UAH—exchange between traditional currencies.
✅ **Cryptocurrency:** ETH/BTC, SOL/USDT—exchange between cryptocurrencies.
✅ **Cross Pairs:** GBP/JPY—trading between two non-convertible fiat currencies without the dollar.
💡 **What is important to know?**
🔹 Trading volume and liquidity determine how easily an asset can be bought or sold.
🔹 The spread is the difference between the buying and selling price.
🔹 Volatility affects risks and profit opportunities.