#TradingPairs101

A hashtag or term that refers to trading pairs in digital currencies.

It is the foundation #TradingPairs101

in the world of trading, whether in spot trading, contracts, or storage when trading cryptocurrencies, where understanding "trading pairs" is essential.

In short, a trading pair means a pair of assets that can be traded against each other. Just as you buy goods with money, you buy one cryptocurrency with another, or you buy a stock with fiat currency.

A trading pair consists of a base currency and a quote currency. For example, in the BTC/USDT pair, Bitcoin (BTC) is the base currency, and its value is shown against Tether (USDT), which is the quote currency. When you see the BTC/USDT price at 104,000, it means that 1 Bitcoin is worth 104,000 US dollars (or 104,000 USDT).

The most common pairs are those that contain stablecoins like USDT or USDC, as they provide a stable reference point for evaluating volatile assets. Understanding how trading pairs work allows you to better analyze market dynamics and identify buying and selling opportunities based on the value of one asset against another.