#TradingPairs101 🔁 What are Trading Pairs and how to choose the right one?
When you trade on Binance, you have probably seen combinations like BTC/USDT, ETH/BUSD, or SOL/BNB. These are called trading pairs, and understanding how they work is vital for making smart decisions.
📌 A trading pair represents the exchange between two assets. For example, in the BTC/USDT pair, you are buying or selling Bitcoin using Tether (USDT) as the exchange currency.
There are two main types of pairs:
🔷 Pairs with stablecoins (like USDT, BUSD, or USDC): ideal for those looking to protect themselves from volatility.
🔶 Crypto-crypto pairs (like ETH/BTC or SOL/BNB): useful for those looking to grow their cryptocurrency portfolio, but require more analysis.
💡 Pro tip: Always check the volume and liquidity of the pair before trading. Pairs with low volume may experience a lot of slippage when executing your order.
👉 What is your favorite pair to trade? Do you use stablecoins or prefer to go straight to crypto-crypto?
Comment and share this post with your community.
