#TradingPairs101

What are trading pairs in cryptocurrencies?

When you enter any trading platform, you will notice that currencies are traded in pairs like BTC/USDT or ETH/BTC. These pairs are known as trading pairs.

🔹 What is a trading pair?

It is a comparison between two currencies, where you buy one currency using the other.

For example: in the BTC/USDT pair, you are buying or selling Bitcoin using Tether (USDT).

🔸 There are two main types:

1. Pairs against stablecoins like BTC/USDT – which are the most common.

2. Pairs against other cryptocurrencies like ETH/BTC – used when you do not want to use fiat or stable currencies.

📊 Choosing the right pair affects liquidity, fees, and price movements.

Understand trading pairs well before you start!

#TradingPairs101