🔄 Trading Pairs: The Language of Every Trade
Confused by all those weird combos like BTC/USDT or ETH/BTC? Let’s break it down 🔍
🔹 What’s a Trading Pair?
A trading pair is two assets you can exchange with each other. It shows what you're buying and what you're paying with.
📌 Example:
BTC/USDT = You're buying BTC and paying in USDT (Tether).
ETH/BTC = You're buying ETH using BTC as the quote currency.
🔹 Base vs. Quote Currency:
First = Base (what you’re buying)
Second = Quote (what you’re spending)
📊 Think of it like:
> 1 BTC/USDT = $70,000
This means 1 Bitcoin costs 70,000 Tether.
🔸 Why It Matters:
✅ Knowing your quote currency helps you understand trade direction
✅ Lets you plan your portfolio better
✅ Avoids costly trading mistakes
💡 Pro Tip:
Always double-check what you’re buying and what you’re spending. Swapping the pair = flipping the trade.
🧠 If you're trading on mobile, use the Binance pair search bar wisely. Type the asset you’re using to pay (USDT, BTC, BUSD, etc.) to avoid confusion.
