#TradingPairs101 🔁 Trading Pairs 101: Your Gateway to Crypto Swaps! 🌐
Want to swap Bitcoin for Ethereum? Or buy a token using USDT? You’ll need to understand Trading Pairs! 👇
🔹 What is a Trading Pair?
A trading pair shows the two assets you're swapping between.
Example:
🔸 BTC/USDT → You’re buying BTC with USDT
🔸 ETH/BTC → You’re buying ETH using BTC
💡 Why Trading Pairs Matter:
✅ Show you which assets can be exchanged directly
✅ Help find the best route for your trade
✅ Crucial for altcoin traders navigating through base pairs like BTC, ETH, or USDT
🔍 Common Base Currencies on Binance:
💵 USDT (Tether)
🪙 BTC (Bitcoin)
🧠 BNB (Binance Coin)
⚡️ ETH (Ethereum)
📌 Pro Tip:
Not all coins are paired with every currency. Sometimes, you may need to bridge through a common base pair (e.g., BTC or USDT) to reach your desired token.