Crypto Basics | In BTC/USDT, which is the quote currency?
The same coin can have slightly different prices when quoted in different currencies. When the price gap widens, arbitrageurs step in and bring prices back in line.
Liquidity varies across trading pairs. Placing orders for the same coin in more actively traded pairs usually results in smaller price deviations.
The coin mentioned above: $BTC is quoted at 75953.95, 24h +0.081%.
There’s no shame in playing it safe. Staying in the game matters more than how much you make on any one trade.
The same coin can have slightly different prices when quoted in different currencies. When the price gap widens, arbitrageurs step in and bring prices back in line.
Liquidity varies across trading pairs. Placing orders for the same coin in more actively traded pairs usually results in smaller price deviations.
The coin mentioned above: $BTC is quoted at 75953.95, 24h +0.081%.
There’s no shame in playing it safe. Staying in the game matters more than how much you make on any one trade.