#TradingPairs101 1

Have you ever wondered what trading pairs mean? 🤔

In the world of trading, the concept of "trading pair" is used to identify the assets that can be exchanged for each other on the platform. For example, in the pair BTC/USDT, you are trading Bitcoin for Tether.

🔍 How does a trading pair work?

The first currency (BTC) is known as the base currency.

The second currency (USDT) is the quote currency.

The price represents the number of units of the second currency needed to buy one unit of the base currency.