#TradingPairs101

When selecting a trading pair for cryptocurrency trading, pay attention to liquidity, volatility, and risks. The most liquid pairs are those with a large trading volume, such as BTC/USDT, ETH/USDT, as well as pairs known for their volatility can yield significant profits or losses. In terms of risk, consider that some liquid and trendy pairs may carry high risk, especially for beginners.

Several key aspects to consider when choosing a trading pair:

1. Liquidity:

Ensure that the chosen trading pair has a high trading volume, allowing you to quickly buy and sell cryptocurrency at competitive prices without significantly impacting the price.

2. Volatility:

Weigh whether you need a stable or volatile pair. Volatile pairs can yield greater profits but also carry higher risk.

3. Risks:

New and lesser-known pairs can be risky, especially for those who are just starting. Choose pairs with a more stable history and high liquidity.

4. Your strategy:

Some strategies may be more successful with certain pairs than others.

5. Market study:

Study charts, analyze news to understand trends.