Trading Pairs 101: Understanding BTC/USDT
A trading pair lets you exchange one cryptocurrency for another. For example, BTC/USDT means you're trading Bitcoin against Tether (a stablecoin).
* If you buy BTC/USDT, you're using USDT to buy Bitcoin.
* If you sell BTC/USDT, you're selling Bitcoin for USDT.
Trading pairs help track value and execute trades easily across different assets. Most traders use stablecoin pairs like BTC/USDT for lower volatility and clear profit tracking.
Always choose the pair that matches your strategy and market conditions.