Each service may display trading pairs differently, so it’s essential to understand how these formats vary to avoid confusion and errors.
Why Are These Differences Important?
If you use the wrong pair name while configuring a Bot or SmartTrade using alert signals, the system may:
Fail to Trigger Alerts: The DCA Bot won’t recognize mismatched names.
Cause Errors: Incorrect pair name may result in invalid setups.
How Different Services Display Futures Trading Pair Names
When trading Futures contracts, trading pair names indicate the contract being traded and the market currency in which profits or losses will be calculated.
BTCUSDT/USDT: This means the BTCUSDT Futures contract is being traded, and all profits or losses will be in USDT (the market currency).
And when trading Inverse Futures, the market currency for settling trades will be a cryptocurrency (e.g. BTC or ETH) and not a stablecoin or fiat.
Exchange Display (e.g., Binance):
Most exchanges show trading pairs in a simple format:
BTCUSDT: Bitcoin to Tether.
3Commas Naming Conventions:
3Commas may display pairs differently depending on the context:
For Alerts: USDT_BTCUSDT
Used in alert messages to signify the quote currency (USDT) followed by the full pair (BTCUSDT).
For Bot Settings: BTCUSDT/USDT
Indicates the pair (BTCUSDT) and the quote currency (USDT) for trading.
TradingView Pair Format:
TradingView often adds suffixes to indicate contract types or market specifics:
BTCUSDT.P: The .P signifies a perpetual futures contract.
Spot Pairs and Leveraged Tokens
Spot Pairs:
Spot trading pairs are simpler and commonly displayed like this:
BTC/USDT: Bitcoin to Tether (Spot Market).
Leveraged Spot Tokens (e.g., Gate.io):
Some exchanges offer leveraged spot tokens:
BTC3L/USDT: A 3x leveraged long position for Bitcoin.
BTC3S/USDT: A 3x leveraged short position for Bitcoin.
