🔄#TradingPairs101 – Understanding Trading Pairs
On Binance (and in crypto in general), a trading pair allows you to exchange one asset for another.
🪙 Example:
BTC/USDT means you are exchanging Bitcoin for Tether (USDT).
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📌 How does it work?
First crypto (BTC) = Asset you want to buy or sell.
Second crypto (USDT) = Currency used for the exchange.
👉 If you buy BTC/USDT, you are buying BTC with USDT.
👉 If you sell, you receive USDT for your BTC.
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🧠 Why is it important?
✅ Better choose where to invest
✅ Understand price movements
✅ Avoid mistakes when placing your orders
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💡 There are hundreds of pairs on Binance: ETH/BTC, SOL/USDT, XRP/BNB, etc.
Learn to read them to trade more intelligently!
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📜 Proverb of the day:
"He who wants to go far prepares his path well."