#TradingPairs101 🔁 Trading Pairs 101 – What do Trading Pairs mean? 🤔💰
In the crypto world, you don't just buy a currency... you trade a pair of currencies!
This means when you buy BTC/USDT, you are actually selling USDT and buying BTC 💸🪙
The pair consists of two currencies:
First: the currency you want to buy or sell (like BTC)
Second: the currency you are measuring with (like USDT or BUSD or ETH)
🎯 Choose the right pair according to your strategy and the liquidity of it
🚀 Example: If you are trading SHIBA/BTC, you are evaluating Shiba against Bitcoin, not the dollar