🔗 #TradingPairs101 — What are trading pairs and how do they work? 💱
When you see a pair like BTC/USDT, that is a trading pair — it shows how much of one currency (BTC) you will receive or give for another (USDT).
🔹 The first currency is the base (in this case BTC).
🔸 The second currency is the quote (in this case USDT).
If BTC/USDT = 68,000, that means 1 BTC is worth 68,000 USDT. You can buy BTC with USDT or sell it to get USDT.
📊 There are pairs with fiat (BTC/USD), stablecoins (ETH/USDT), and altcoins (SOL/ETH). The choice of pair affects liquidity, fees, and strategy.
💡 Tip: choose pairs with high liquidity for fast and profitable trading. Keep an eye on the trend of both currencies — not only what you are buying but also what you are selling!