#TradingPairs101
📈💱 Trading Pairs 101! Let's break it down:
*What are trading pairs?*
Two assets paired together for trading, e.g., BTC/USDT or ETH/USD.
*Types:*
1. *Major pairs:* Most traded, liquid pairs (e.g., BTC/USDT)
2. *Minor pairs:* Less traded, specific asset pairs
3. *Exotic pairs:* Rarely traded, high-risk pairs
*Key considerations:*
1. *Liquidity:* Impacts trading ease and spreads
2. *Volatility:* Affects potential profits and losses
3. *Correlation:* Relationship between paired assets
Want to know more about choosing trading pairs or strategies?