#TradingPairs101
What is a trading pair and why is it needed?
A trading pair shows which asset you are buying and what you are paying with. For example:
๐ BTC/USDT โ you are buying Bitcoin with the stablecoin USDT.
๐ ETH/BTC โ you are buying Ethereum with Bitcoin.
๐ On CEX, pairs with USDT, BUSD, BTC, or ETH are most commonly traded.
On DEX โ with tokens of the same ecosystem (for example, CAKE/WBNB on BNB Chain).
๐ก Important: different pairs have different liquidity, spreads, and fees. Analyze the volumes before entering a trade.
Choosing the right pair = better rate and faster execution.
๐ง Do you trade more often through stablecoins or cryptocurrencies?
What is a trading pair and why is it needed?
A trading pair shows which asset you are buying and what you are paying with. For example:
๐ BTC/USDT โ you are buying Bitcoin with the stablecoin USDT.
๐ ETH/BTC โ you are buying Ethereum with Bitcoin.
๐ On CEX, pairs with USDT, BUSD, BTC, or ETH are most commonly traded.
On DEX โ with tokens of the same ecosystem (for example, CAKE/WBNB on BNB Chain).
๐ก Important: different pairs have different liquidity, spreads, and fees. Analyze the volumes before entering a trade.
Choosing the right pair = better rate and faster execution.
๐ง Do you trade more often through stablecoins or cryptocurrencies?