#TradingPairs101 📈 Choosing the right trading pair is a fundamental step for any successful trader in the crypto market.
🔄 How do trading pairs work?
A pair consists of a base currency and a quote currency. For example, in the #BTCUSDT pair, BTC is the base currency, and USDT is the currency used for pricing — meaning you buy or sell BTC using USDT.
💵 For me, I prefer trading in pairs priced in stablecoins like USDT or BUSD, as I can measure profit and loss more clearly and avoid additional market volatility.
🧠 When choosing the right pair, I look at:
• Liquidity and daily trading volume
• How stable it is
• Opportunities for technical analysis on it