#TradingPairs101

In trading, trading pairs allow you to exchange one asset for another. For example, in crypto, BTC/USDT means you're trading Bitcoin against Tether. The first currency (BTC) is the base currency, and the second (USDT) is the quote currency. If BTC/USDT is 70,000, it means 1 BTC equals 70,000 USDT. Trading pairs help traders take advantage of price differences between assets. In forex, EUR/USD is a common pair, meaning you’re trading euros for U.S. dollars. Always consider liquidity, volatility, and fees when choosing pairs. Understanding trading pairs is key to navigating global markets efficiently.