#TradingPairs101
The Key to Navigating Crypto Markets
When you're trading on platforms like Binance, you're not just buying crypto โ you're trading pairs. Understanding trading pairs is essential for efficient and profitable moves.
๐น What is a Trading Pair?
A trading pair shows how much of one cryptocurrency you need to trade for another. For example:
BTC/USDT means you're trading Bitcoin against Tether (USDT)
ETH/BTC means you're trading Ethereum against Bitcoin
๐น Types of Pairs Youโll See:
โ Crypto-to-Stablecoin (e.g. BTC/USDT, ETH/FDUSD) โ Great for price stability
โ Crypto-to-Crypto (e.g. SOL/ETH, ADA/BTC) โ Ideal for rotating between assets
โ Fiat-to-Crypto (e.g. BTC/EUR, ETH/TRY) โ Often used by beginners entering the market
๐น Why It Matters:
โ๏ธ The right pair gives better liquidity
โ๏ธ Can offer lower trading fees depending on the platform
โ๏ธ Impacts your entry/exit strategies and timing
๐น Pro Tip:
Before entering a trade, compare the volume, spread, and volatility of different trading pairs. Sometimes, using an indirect route (like trading BTC to ETH, then ETH to your target coin) gives better pricing!