#TradingPairs101 Trading Pairs 101 – What Are They?
If you’re new to crypto or forex, you’ve probably seen terms like BTC/USDT or EUR/USD and wondered what they mean. Let’s break it down:
🔁 What is a Trading Pair?
A trading pair shows how much of one asset is needed to buy another.
For example:
➡️ BTC/USDT = 68,000 means 1 Bitcoin = 68,000 USDT (Tether).
💡 Think of it like exchanging money at an airport:
If you’re trading USD/EUR, you're exchanging US Dollars for Euros.
---
🔑 Types of Trading Pairs:
1. Crypto to Stablecoin:
Example: BTC/USDT, ETH/BUSD
Used to measure crypto value in stable USD terms.
2. Crypto to Crypto:
Good for switching between coins without converting to USD.
3. Fiat to Crypto:
Example: USD/BTC, EUR/ETH
Found mostly on exchanges that support direct fiat deposits.
---
📈 Why Are Trading Pairs Important?
✅ They help you understand the value of one asset relative to another.
✅ You need to pick the right pair when placing a trade.
✅ Profit depends on how the price between the two assets moves
