#TradingPairs101
🔁 If you are new to the world of crypto, you need to understand the concept of trading pairs, as they are the foundation of every buy and sell in the market.
📊 A trading pair is simply a comparison between two currencies, such as: BTC/USDT, which means you are buying or selling Bitcoin against Tether (a stablecoin). The price reflects how much USDT you need to buy 1 BTC.
🧠 Choosing the right pair is very important. For example:
If you want to reduce risk, trade against USDT.
If you are looking for quick opportunities, try pairs like ETH/BTC or SOL/ETH.
📈 Tip: Monitor the liquidity and trading volume in the pair you choose, as pairs with low liquidity may cause slippage and hidden costs.
Do you have a favorite trading pair? And why?
s101 #CryptoEducation #TradingBasics