🐋 Beyond the funds, there’s another concept you should understand: trading pairs and quote currencies.
Trading pairs like ETH/BTC are quoted in BTC, reflecting ETH’s price movement relative to BTC—not the same thing as ETH’s price in dollars.
Liquidity varies across trading pairs. Buying and selling the same coin on a more actively traded pair usually means less slippage.
Corresponding coin: $BTC quoted at 75996.21, 24h +0.077%.
Knowledge can help you avoid pitfalls, but it can’t replace risk management.
Trading pairs like ETH/BTC are quoted in BTC, reflecting ETH’s price movement relative to BTC—not the same thing as ETH’s price in dollars.
Liquidity varies across trading pairs. Buying and selling the same coin on a more actively traded pair usually means less slippage.
Corresponding coin: $BTC quoted at 75996.21, 24h +0.077%.
Knowledge can help you avoid pitfalls, but it can’t replace risk management.