#TradingPairs101

In cryptocurrency trading, a trading pair represents two different assets that can be exchanged for one another. Think of it like traditional foreign exchange (forex) where you trade EUR/USD. In crypto, it's typically crypto/crypto or crypto/fiat.

The first currency in the pair is the base currency, and the second is the quote currency. For example, in BTC/USDT, Bitcoin (BTC) is the base currency, and Tether (USDT) is the quote currency. The price shown tells you how much USDT you need to buy one BTC.

Common types of trading pairs include:

* Crypto-to-Crypto: e.g., ETH/BTC (Ethereum for Bitcoin)

* Crypto-to-Fiat: e.g., BTC/USD (Bitcoin for US Dollar)

* Crypto-to-Stablecoin: e.g., ADA/USDT (Cardano for Tether)

Choosing the right pair depends on your investment goals and market analysis. Liquid pairs with high trading volume (like BTC/USDT) are generally preferred for easier execution and tighter spreads.