#TradingPairs101 #TradingPairs101 If you're new to crypto, you might’ve seen terms like SOL/USDT or BTC/ETH and wondered — what do they mean?
🔄 Trading pairs let you exchange one cryptocurrency for another. Each pair shows what you're trading from and to.
Example:
SOL/USDT = You're trading Solana (SOL) against Tether (USDT).
If SOL/USDT = 150, it means 1 SOL = 150 USDT.
💰 Why it matters:
Liquidity: Popular pairs like BTC/USDT have high volume, meaning faster trades.
Price direction: You watch the pair’s chart to know if the base currency (like SOL) is going up or down in value.
More opportunities: Some tokens aren't available in your fiat currency — but you can still trade them using pairs.
📊 Pro tip: Always check the 24-hour volume and liquidity before trading a pair — low volume can lead to slippage and bad prices.
Whether you're holding or flipping, knowing your trading pairs is key to mastering the crypto markets!