#TradingPairs101 What are trading pairs and how do they work?

In trading, you never just "buy Bitcoin" — you exchange one currency for another. This is what trading pairs are for.

📌 What is a trading pair?

It is the ratio between two assets that can be exchanged for each other.

🔹 BTC/USDT

You buy or sell Bitcoin for Tether (a stablecoin pegged to USD).

➡️ Buying: you give USDT → you receive BTC

➡️ Selling: you give BTC → you receive USDT

🔹 ETH/BTC

Here you trade Ethereum relative to Bitcoin.

➡️ If the chart is rising — ETH becomes more expensive in bitcoins.

💡 Tip for beginners:

Always look at what is in the first position — this is the asset you are operating with. The second is the currency in which the price is determined.