#TradingPairs101 #TradingPairs101
🔄 #TradingPairs101: What Are Trading Pairs in Crypto and Forex?
A trading pair tells you what you’re trading against — it’s the foundation of every trade.
🔹 What is a Trading Pair?
A trading pair compares the value of one asset to another. For example:
BTC/USDT means you’re buying Bitcoin using Tether (USDT).
EUR/USD in forex means trading euros against US dollars.
🔹 How It Works:
If BTC/USDT = 65,000, it means 1 BTC costs 65,000 USDT.
You’re not just buying BTC — you’re exchanging one asset for another.
🔹 Why It Matters:
Helps traders track value across currencies or tokens
Provides liquidity and pricing structure in markets
Enables arbitrage and cross-market opportunities
💡 Pro Tip: Always understand the quote currency — it tells you how much of it you need to buy 1 unit of the base currency.
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