#TradingPairs101
#TradingPairs101
In crypto trading, a trading pair represents two currencies being traded against each other. For example, BTC/USDT means you're trading Bitcoin against Tether. The first currency (BTC) is the base, and the second (USDT) is the quote. The pair shows how much of the quote currency is needed to buy one unit of the base currency. Understanding pairs helps you navigate the market effectively and choose the right entry and exit points. Always look at trading volume and liquidity when selecting pairs. Some pairs offer better spreads and faster transactions due to high activity.
