#OrderTypes101 Currency Pairs vs. Fiat Currencies:

For example: BTC/USD, ETH/EUR

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

---

✅ How to choose the right trading pair?

1. What currency do you own?

If you own USDT, choose pairs that end with /USDT.

2. What currency do you want to buy?

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

3. Liquidity size and daily trading

Choose popular pairs to avoid liquidity issues.

---

✅ Practical Example

You want to buy Bitcoin with USDT:

The suitable pair: BTC/USDT

When the price is 60,000, this means:

1 BTC = 60,000 USDT

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

---

✅ Important Tips:

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

Be cautious of price volatility in cryptocurrency pairs.

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