#TradingPairs101

It serves as a fundamental guide to understanding "trading pairs" in the world of cryptocurrencies, especially on platforms like Binance. A trading pair is simply a comparison between two currencies – for example: BTC/USDT – and shows how much of the second currency (USDT) is needed to purchase one unit of the first currency (BTC).

There are two main types of trading pairs:

Pairs against stablecoins like USDT or BUSD, which are ideal for beginners as they represent a fixed dollar value.

Pairs against other cryptocurrencies like ETH/BTC, which are used when trading between digital assets directly without referring to the dollar.

Understanding trading pairs is essential for choosing the right path for your trades and achieving the best price. For example, you may find that buying a certain currency using BNB is cheaper than buying it with USDT.

With TradingPairs101, you will learn how to read the pairs, when to choose the most suitable pair for your transaction, giving you greater control and a smarter strategy in your trading.