#TradingPairs101 — this is a basic explanation of how trading pairs work on exchanges. A trading pair shows how one currency can be exchanged for another — for example, BTC/USDT means buying or selling Bitcoin for Tether. The first currency is the base currency, the second is the quote currency. There are pairs with fiat currencies (for example, ETH/USD) and with cryptocurrencies (for example, ETH/BTC). When choosing a pair, a trader considers liquidity, volatility, and trading opportunities. #TradingPairs101 helps to understand how to effectively navigate the markets, correctly open trades, and compare assets with each other.
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