#交易对 🧠 What exactly is a trading pair? Are you buying a coin or a 'relationship'?
Just entering the crypto world, when you open the trading page, you might see a bunch of similar:
BTC/USDT, ETH/BTC, PEPE/BNB, DOGE/FDUSD
Many people are confused:
❓ What does this mean?
❓ I am buying BTC, why is there USDT?
Don't worry, let's clarify today 👇
📦 1. What is a Trading Pair?
📌 Trading Pair = The exchange relationship between two types of coins
For example:
BTC/USDT ➝ Use USDT to buy BTC, or sell BTC for USDT
ETH/BTC ➝ Use BTC to buy ETH, or exchange ETH for BTC
📌 The left side is the coin you are 'buying/selling'
📌 The right side is the 'pricing unit/the coin you use for trading'
💡 2. Types of Trading Pairs
Type examples:
Fiat Trading Pairs BTC/USD, BTC/JPY priced in 'fiat' (mostly in fiat zones)
Stablecoin Trading Pairs BTC/USDT, ETH/FDUSD trading mainstream coins with stablecoins (most commonly used)
Main Coin Trading Pairs ETH/BTC, SOL/BNB directly trading altcoins using major coins like BTC, BNB
Altcoin Pairs PEPE/SHIB, DOGE/FLOKI highly volatile, need to participate with caution
🛠 3. How to choose a trading pair?
✅ Newcomers are advised to prioritize:
BTC/USDT, ETH/USDT ➝ High trading volume, good liquidity
The hottest trading pairs in the spot market ➝ Enough depth, small slippage
⚠ Avoid unpopular trading pairs:
Low trading volume, poor liquidity, high slippage
Easy to buy but difficult to sell, easy to get liquidated
📊 4. How to check the popularity and depth of a trading pair?
📌 Binance APP → Spot → Search for coin name → Click on the coin
You can see:
📈 24-hour trading volume (the larger, the more active)
📊 Depth chart (the denser the orders, the more stable)
💬 Community popularity (news + trends)
✅ In summary:
The trading pair determines which coin you use to buy another coin, and also decides the slippage, liquidity, and trading efficiency!
It's not enough to just click on any buy, choosing the right trading pair is more important!