#TradingPairs101 What Are Trading Pairs & Why Do They Matter? ๐Ÿง ๐Ÿ’น

Ever wondered what BTC/USDT or ETH/BTC actually means?

๐Ÿ‘‰ A trading pair is simply two assets that can be traded for one another on an exchange.

Think of it like a currency exchange booth โ€” you're swapping one for another.

โœ… Example:

BTC/USDT = Buying or selling Bitcoin using Tether (a stablecoin).

ETH/BTC = Trading Ethereum against Bitcoin.

๐Ÿ’ก Why it matters:

Trading pairs tell you how you're valuing your crypto.

They unlock different trading opportunities and help optimize your strategy.

๐Ÿ“Š The more pairs listed, the more flexibility you have to move in/out of markets with precision!

๐Ÿ”Ž Next time you see a pair, check:

1. Whatโ€™s the base? (first asset)

2. Whatโ€™s the quote? (second asset)

๐Ÿ“š Master this and you're one step closer to becoming a trading pro.

Drop a ๐Ÿ’ฌ if you want Part 2!