#TradingPairs101

Choosing the right pair of coins for a trade can make all the difference. I can write long and boring handbook rewriten from the manuals or I can tell you in short and with examples . We have all seen announcements of new pairs for trading on binance or about pairs being pulled out from the market.

How this pairs are chosen I am not completely sure but I know there are rules in choosing them , the coins volatility, liquidity ,market trends..mall it's taken into consideration before pairs are announced. If you choose to trade ,let's say $BTC -usdc , in this case BTC is the base and $USDC is the quote. Base is the coin you are buying/selling and quote is the coin you use to value it. If BTC/USDC =50 000( just example ) that mean that one btc is worth 50 000 usdc in that sale. Always take in consideration what is the end goal of your sale so you can act accordingly ,choose pairs that will fit your trade better. Will you choose

btc-usdc or btc - USDT can make all the difference in the trade, even if both are pairs of BTC and both are stabile coins , the trade will go different .

Choose wisely , always DYOR ,use this posts just as basic guides not financial advices!

May your crypto grow 🍀🍀🍀!