#TradingPairs101

🔗 Basics of Trading Pairs in Crypto

Trading pairs are the link between two currencies: the base currency and the quote currency. For example, in the pair BTC/USDT, Bitcoin is the base, and Tether is the quote.

Why does it matter to you?

It determines liquidity and speed of order execution

It affects the currencies you can easily access

It determines how profits and losses (PnL) are calculated

Tips for choosing the right pair:

1. Start with major pairs 🔝

BTC/USDT – Most liquid and widely used

ETH/USDT – Second largest trading volume

2. Monitor the price spreads (Spread) 💸

The lower the spread, the more you save on commissions and avoid slippage

3. Try Altcoin pairs 🔍

When you want to diversify, look for promising projects (e.g., ADA/USDT or SOL/USDT)

4. Use a maximum of two pairs for monitoring 👀

So you don’t get distracted and miss opportunities in the market

5. Keep an eye on daily liquidity 📊

High trading volume means faster entry and exit without significant price change

💡 Additional information:

You can trade pairs directly between Altcoins (like ETH/BTC) to save on commissions and waiting times, but be cautious of low liquidity.

Invest your time in understanding the pairs before hitting “Buy” or “Sell” to become a smarter and quicker trader! 🚀