#TradingTypes101 Currency Pairs Against Fiat Currencies:

For example: BTC/USD, ETH/EUR

Available on platforms that support deposits and withdrawals in fiat currencies.

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✅ How to Choose the Right Trading Pair?

1. What currency do you have?

If you have USDT, choose pairs ending with /USDT.

2. What currency do you want to buy?

Look for the pair that includes both currencies: the currency you have and the one you want to buy.

3. Liquidity and Daily Trading Volume

Choose popular pairs to avoid liquidity issues.

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✅ Practical Example

You want to buy Bitcoin for USDT:

The suitable pair: BTC/USDT

When the price is 60,000, this means:

Every 1 BTC = 60,000 USDT

If you buy 0.01 BTC, you will pay: 0.01 × 60,000 = 600 USDT

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✅ Important Tips:

Watch out for trading fees (they vary from pair to pair).

Be cautious of price volatility in cryptocurrency pairs.

Make sure you are trading the right pair — especially when selling or converting currencies.