💡 Crypto 15:🔄 Trading Pairs: The Currency Exchange of Crypto
Just like at an airport you exchange USD for EUR, in crypto you exchange one asset for another. That's a trading pair! ✈️
Common Pair Types:
1️⃣ Fiat Pairs: BTC/USD, ETH/EUR
• Trade crypto for government money
• Need bank transfer or card
2️⃣ Crypto Pairs: ETH/BTC, BNB/ETH
• Trade one crypto for another
• No fiat involved
3️⃣ Stablecoin Pairs: BTC/USDT, ETH/USDC
• Most common on Binance
• USDT acts like digital dollars
• Faster than bank transfers
How to Read:
BTC/USDT means:
• Base currency = BTC (what you're buying/selling)
• Quote currency = USDT (what you're using to buy)
If price is 50,000 - that means 1 BTC = 50,000 USDT
Pro Tip: Start with major pairs (BTC/USDT, ETH/USDT) for best liquidity! 📊
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