Knowledge Notes | Trading Pairs and Quote Currency
① Take BTC/USDT as an example: BTC is the asset being traded, and USDT is the asset used to quote prices and make payments.
② Buying BTC/USDT means spending USDT to buy BTC; selling means converting BTC into USDT.
③ Before placing an order, check which trading pair is selected. Don’t mistake ETH/BTC for ETH/USDT when placing an order.
$BTC 72100（-2.74%）
#BTC
Just my personal opinion, not investment advice.
① Take BTC/USDT as an example: BTC is the asset being traded, and USDT is the asset used to quote prices and make payments.
② Buying BTC/USDT means spending USDT to buy BTC; selling means converting BTC into USDT.
③ Before placing an order, check which trading pair is selected. Don’t mistake ETH/BTC for ETH/USDT when placing an order.
$BTC 72100（-2.74%）
#BTC
Just my personal opinion, not investment advice.
