Understanding trading pairs is essential. A pair represents the relative value between two assets, such as $BTC /USDT.
A notable news this week was the inclusion of new pairs, boosting interest in low-cap altcoins.
These pairs allow traders to diversify their strategies, to better manage their entries or exits when there is too much volatility in the market. 💹
The trading volume in pairs like ETH/BTC is also monitored by analysts to assess the relative strength of Ethereum against Bitcoin.
Trading with well-chosen pairs can increase opportunities for arbitrage or hedging. It is always key to check the liquidity and volatility of the pair before trading. If you checked, go ahead and take the risk without looking back. But always set a stop-loss, to reopen a new trade the next day.
