To understand the world of trading in cryptocurrencies, it is essential to familiarize yourself with the concept of trading pairs. A trading pair is simply a comparison between two currencies, where one currency is bought and another is sold. For example, when trading the MATIC/USDT pair, you are buying or selling Polygon (MATIC) using Tether (USDT). Choosing the right pair depends on your strategy and the available liquidity. Some pairs feature high liquidity and narrower spreads, making them suitable for day traders. Conversely, less popular pairs may contain higher opportunities but come with greater risks. Understanding trading pairs makes it easier for you to read charts, analyze the market, and identify entry and exit points with greater precision.
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