#TradingPairs101

If you've ever seen BTC/USDT or ETH/BUSD on Binance and wondered what it means โ€” this is for you ๐Ÿ‘‡

๐Ÿ“˜ What is a Trading Pair?

A trading pair lets you exchange one asset for another.

๐Ÿ‘‰ Example: BTC/USDT means you're trading Bitcoin for Tether (USDT).

๐Ÿ”„ How It Works:

๐Ÿ”น Base Asset = The first asset (e.g., BTC)

๐Ÿ”น Quote Asset = The second one (e.g., USDT)

Youโ€™re buying/selling the base using the quote.

๐Ÿ›’ Buying BTC/USDT = Buying Bitcoin using USDT

๐Ÿ’ฐ Selling BTC/USDT = Selling Bitcoin for USDT

๐Ÿ“Š Types of Trading Pairs:

Crypto/Stablecoin

โ–ถ๏ธ e.g., BTC/USDT, ETH/BUSD

๐Ÿ”น Most common & beginner-friendly

๐Ÿ”น Stable value for easier tracking

Crypto/Crypto

โ–ถ๏ธ e.g., ETH/BTC, SOL/ETH

๐Ÿ”น Good for swapping between coins

๐Ÿ”น More volatile, useful for advanced strategies

Fiat/Crypto (on CEX)

โ–ถ๏ธ e.g., BTC/INR, ETH/EUR

๐Ÿ”น Great for on-ramping/off-ramping via real-world currency

๐Ÿง  Pro Tip:

Always check the liquidity & volume of a trading pair before trading. High volume = smoother trade = less slippage!

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