#TradingPairs101
Trading pairs refer to the two assets being exchanged in a trade, typically a cryptocurrency and a fiat currency or another cryptocurrency. *Examples*: BTC/USDT, ETH/USD, or LTC/BTC. Trading pairs determine the exchange rate between the two assets. *Major Pairs*: Often involve widely traded assets, offering high liquidity and tighter spreads. *Exotic Pairs*: May involve less common assets, resulting in lower liquidity and wider spreads. Understanding trading pairs is essential for navigating cryptocurrency markets, as they impact trading opportunities, risk management, and potential returns. Traders choose pairs based on market analysis, trends, and their investment goals.