Crypto basics | Which is the quote currency in BTC/USDT?
Using BTC/USDT as an example, BTC is the asset being bought or sold, while USDT is the asset used for quoting and settlement.
Trading activity varies across pairs. Buying or selling the same coin in a more actively traded pair generally means lower slippage.
The coin mentioned above: $BTC is quoted at 83053.45 (24h +0.46%).
Size your position according to your risk tolerance, and leave yourself some room.
Shared for personal reference, not as a specific buy or sell recommendation.
Using BTC/USDT as an example, BTC is the asset being bought or sold, while USDT is the asset used for quoting and settlement.
Trading activity varies across pairs. Buying or selling the same coin in a more actively traded pair generally means lower slippage.
The coin mentioned above: $BTC is quoted at 83053.45 (24h +0.46%).
Size your position according to your risk tolerance, and leave yourself some room.
Shared for personal reference, not as a specific buy or sell recommendation.