#TradingPairs101 :

#TradingPairs101

:

🔁 What are trading pairs?

Trading pairs refer to two assets that can be traded against each other on the trading platform. They indicate how much of the second asset (the quote currency) is needed to purchase one unit of the first asset (the base currency).

Example:

BTC/USDT = 68,000

This means that 1 Bitcoin (BTC) is equal to 68,000 Tether (USDT).

BTC is the base currency, and USDT is the quote currency.