$ETH 🔗 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 currency, and Tether is the quote currency.

Why is it important to you?

- It determines liquidity and the speed of order execution

- It affects the currencies you can easily access

- It defines how profits and losses (PnL) are calculated

Tips for choosing the right pair:

1. Start with major pairs 🔝

BTC/USDT – Most liquid and widespread

ETH/USDT – Second largest trading volume

2. Monitor the price spreads (Spread) 💸

The lower the spread, the more commissions you save and the less slippage you experience

3. Try Altcoin pairs 🔍

When you want to diversify, look for promising projects (like 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 changes

💡 Additional Information:

You can trade directly between Altcoin pairs (like ETH/BTC) to save on commissions and reduce 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 faster trader! 🚀