#TradingPairs101 ๐ #TradingPairs101
๐ฑ BTC/USDT? ETH/BTC? What does it all mean?
๐ง Trading Pair = What you're buying vs. what you're using to buy it.
๐ก Examples:
1๏ธโฃ BTC/USDT
โก๏ธ Youโre buying BTC using USDT (Tether).
๐ If BTC goes up vs USDT, you profit.
โก๏ธ Youโre buying ETH using BTC.
๐ You're betting ETH will outperform BTC.
๐ฅ Key Tip:
Always read a pair left-to-right:
First coin = the one youโre buying
Second coin = the one youโre spending
๐ฏ Know your pair, know your play.
#CryptoBasics #TradingTips #CryptoForBeginners #Binance #DeFiEducation #AltcoinsExplained