#TradingPairs101#TradingPairs101 Trading pairs allow you to trade one cryptocurrency for another. For example, BTC/USDT is a pair where Bitcoin is traded against Tether. Base currency is the first one in the pair (BTC), and the quote currency is the second (USDT). Understanding trading pairs is crucial for effective navigation in exchanges. Some platforms support only a few base currencies like USDT, ETH, or BNB. Make sure you understand how pairs work and check for price differences between pairs when trading. Using the right pair can reduce trading fees and improve your profit margins.
