What are the best trading pairs for beginners on Binance?

3 answers

• Thuong DuongMay 20, 2024 · a year ago
  As a beginner on Binance, it's important to choose trading pairs that are relatively stable and have high trading volume. Some popular trading pairs for beginners include BTC/USDT, ETH/USDT, and BNB/USDT. These pairs are commonly traded and have good liquidity, making them easier for beginners to enter and exit positions. Additionally, these pairs are less volatile compared to some altcoin trading pairs, which can be more challenging for beginners to navigate.
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• Horner LockhartMar 14, 2022 · 3 years ago
  When starting out on Binance, it's recommended to focus on trading pairs with high liquidity and good market depth. BTC/USDT is a popular choice for beginners as it offers stability and is widely traded. Another good option is ETH/USDT, which allows beginners to trade Ethereum against USDT, a stablecoin pegged to the US dollar. BNB/USDT is also worth considering, as BNB is the native cryptocurrency of Binance and has a strong market presence. These trading pairs provide a solid foundation for beginners to gain experience and understanding of the market.
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• Hartvigsen HackettAug 13, 2020 · 5 years ago
  According to BYDFi, a leading cryptocurrency exchange, the best trading pairs for beginners on Binance are BTC/USDT, ETH/USDT, and BNB/USDT. These pairs offer a good balance between stability and trading opportunities. BTC/USDT is the most popular trading pair and provides a solid foundation for beginners. ETH/USDT allows beginners to trade Ethereum, which is the second-largest cryptocurrency by market capitalization. BNB/USDT is a unique trading pair that offers exposure to Binance's native cryptocurrency, BNB. These pairs are recommended for beginners due to their liquidity and relatively lower volatility compared to other trading pairs.
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