$ETH $ETH #TradingPairs101

🔄 A trading pair is simply a comparison between two digital currencies, used to determine the value of one currency against another. For example, in the ETH/USDT pair, the value of Ethereum is measured against Tether (a stablecoin).

Types of trading pairs are divided into three:

1. Pairs with stablecoins (like BTC/USDT): Used to calculate profit and loss in dollars and are suitable for beginners.

2. Pairs between two digital currencies (like ETH/BTC): Show the relative strength between digital currencies.

3. Pairs with local or traditional currencies (like BTC/EUR): Less common and used only on certain platforms.

Choosing the right trading pair depends on your strategy, technical analysis, and goals. It is better to start with pairs that have high liquidity and wide spreads to understand market movements smoothly.$ETH