#TradingPairs101
đ #TradingPair101 â What Is a Trading Pair? đą
A trading pair lets you swap one crypto for another.
It shows what youâre buying vs. selling.
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đ Example: BTC/USDT
⢠BTC = the base asset (what youâre buying/selling)
⢠USDT = the quote asset (what youâre using to trade)
đ If BTC/USDT = 67,000
That means 1 BTC = 67,000 USDT
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đ Types of Pairs:
⢠Crypto to Stablecoin (e.g. ETH/USDT)
⢠Crypto to Crypto (e.g. ETH/BTC)
⢠Fiat to Crypto (e.g. EUR/BTC)
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đĄ Tip: Always know what asset youâre pricing against â it affects your profit & entry strategy!
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#Binance #CryptoBasics #TradingPair #CryptoTrading #Web3 #DeFi #CryptoEducation #DYOR #Market101