#TradingPairs101 — want to dive into the basics of trading pairs in crypto, forex, or stocks? Here's a quick primer:
---
🔁 What Are Trading Pairs?
A trading pair refers to two different assets that can be traded for one another on a market. They're commonly written as:
BASE/QUOTE
For example:
BTC/USDT → You’re buying or selling Bitcoin priced in Tether (USDT)
ETH/BTC → You’re buying or selling Ethereum priced in Bitcoin
---
💱 How It Works
Base Currency: The asset you want to buy or sell (e.g., BTC in BTC/USDT)
Quote Currency: The asset you use to price the base currency (e.g., USDT)
If BTC/USDT = 70,000, that means 1 BTC = 70,000 USDT
---
📊 Types of Trading Pairs
Crypto/Fiat (or Stablecoin): e.g., BTC/USDT, ETH/USD
Forex Pairs: e.g., EUR/USD, USD/JPY
---
🧠 Why It Matters
Helps determine market price
Lets you trade between different assets without needing fiat
Affects fees, liquidity, and trading strategy
---
Want a beginner's guide, a trading strategy using pairs, or a comparison between centralized vs decentralized exchanges for pair trading? Let me know!
