#TradingPairs101

Cryptocurrency Pairs: The Key to Trading in Markets 🌐

💱 Cryptocurrency Pairs:

Are a comparison between two currencies for trading, showing the value of one cryptocurrency against another.

Base Currency: The first currency in the pair.

Quote Currency: The second currency that shows the value of the base currency.

Types of Pairs:

1️⃣ Major Pairs:

A cryptocurrency against the dollar (BTC/USD).

The most common and liquid.

2️⃣ Altcoin Pairs:

Between two cryptocurrencies (ETH/BTC).

Suitable for speculators and experts.

3️⃣ Stable Pairs:

A cryptocurrency against a stable coin (BTC/USDT).

Reduces volatility and is used for hedging.

💡 Currency pairs are the measure that connects digital markets to the financial world.

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