#TradingPairs101 💱 #TradingPairs101: Understand trading pairs in crypto and finance
When you trade, you are always exchanging one asset for another. This is represented in the form of trading pairs, such as:
🔹 BTC/USDT → You are buying Bitcoin using Tether (USDT).
🔹 ETH/BTC → You are exchanging Ethereum for Bitcoin.
📊 Why does the pair matter?
Each pair reflects a value relationship. Choosing the right pair can impact your fees, liquidity, and profit opportunities.
🔍 Common types of pairs:
Fiat/Crypto: EUR/BTC, USD/ETH
Crypto/Crypto: ETH/ADA, SOL/AVAX
Stablecoin/Crypto: USDT/XRP, USDC/DOGE
💡 Tip: Always check the volume and the spread of the pair before trading. Pairs with low liquidity can be more volatile and expensive.
Mastering trading pairs gives you a real advantage in the market. 📈