📊#TradingPairs101
Trading pairs allow you to exchange one cryptocurrency for another.
Each pair consists of a base currency and a quote currency. For example: in the pair BTC/USDT, you buy or sell Bitcoin against Tether.
Choosing the right pair affects your strategy and profits.
Pairs with high liquidity like BTC/USDT are suitable for beginners,
while cross pairs like ETH/BNB require a deeper understanding of market movements.
Monitor the charts and learn to identify ideal entry and exit points.
Diversifying among pairs helps manage risks and achieve your goals. Learn about the characteristics of each pair before starting to trade.
💬 What is your favorite pair? And why?