In cryptocurrency, the term “trading pairs” describes a trade between one type of cryptocurrency and another. For example, the “trading pair” ETH/BTC. With ETH/BTC you can buy Ethereum with Bitcoin, or Sell Ethereum for Bitcoin. After-all, these cryptocurrencies are types of monies! Trading platform for Bitcoin BTC, Ethereum ETH, Tether USDT fast, reliable and trust worthy, T-REX Exchange supports Buy and Sell BTC (Bitcoin), ETH (Ethereum), USDT (Tether) at good price Paypal VISA card MasterCard MoMo Credit card Phone card USDT Vietcombank Techcombank VPbank Safe Commitment to security, High liquidity. 14 hours ago · BITCOIN BREAKING $ LIVE + BTC/ETH TRADING [Christmas Livestream] December 25, by admin 0 Comments. Trading. Share on Facebook. Share on Twitter. Share on Google+. Do you want to know how I trade the Bitcoin market (Entry, exit, stoploss) + receive realtime Bitcoin price updates throughout the day? Join The VIP telegram channel.
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The cryptocurrency market slipped into a red zone, with all major altcoins nursing significant losses. Stablecoins may pose risks to "international monetary stability". In the recent statement, the Treasury-based working group that makes federal regulators recommends taking actions to ensure that stablecoins do not undermine the confidence in national fiat currencies. US regulators consider imposing full KYC on transactions with stablecoins.
More info. Crypto partners in your location. And in fact some cryptocurrencies can only be bought with other cryptos, so learning about trading pairs becomes pretty important if you want to expand your crypto holdings beyond the major coins! Trading pairs can be a little complicated to wrap your head around, but can be a really big benefit to those who time their trades right. To help you better understand trading pairs, consider the example below.
Example : Imagine you have on hand Bitcoin and cash meaning fiat currency like dollar bills and you want to obtain Litecoin. The fiat value of the trade is no different in the moment the trade is made as you owned that Bitcoin which went up in value the same as you owned your cash , but if your goal is to get more coins because you believe the cash value of all coins will go up or that Litecoin will go up and Bitcoin back down in this example , and you time things right, you can do really well with trading pairs.
Of course, things can go very wrong with trading pairs too.