Crypto.com Exchange ETH/BTC Trading Pair
These few days I been playing with the ETH/BTC pair, kind of interesting and made some little profits too.
I find that it is great for swing trade when the BTC/USDC and ETH/USDC pairs don't move much.
I feel that the ETH/BTC is more like a swap, because when buying ETH, actually is selling BTC, then when selling ETH is actually buying BTC.
Like this:
Buy ETH/BTC
+ETH
-BTC
You spend BTC to buy ETH.
Sell ETC/BTC
-ETH
+BTC
You spend ETH to buy BTC.
So when ETH/BTC price is low, you can buy, and when it is high, you can sell, this way you can earn the difference, but instead of using USDC, you use ETH and BTC to play. Cool right? Haha.
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