Post
Topic
Board Beginners & Help
Re: How to change trading pairs on existing holdings?
by
moonshine1999
on 19/01/2024, 14:41:15 UTC
Hi All,

Thank you all very much for your advice and explanation. Really appreciate it

As you can probably tell, I am relatively new to trading.

So to answer your queries, I use coingecko app to track my portfolio. That does not show the trading pairs.

However, my coins are actually held on exchanges (binance, kucoin, coinbase and poloniex)

When I bought the coins, i had the option of choosing which trading pair to buy with. For example, when buying CTSI, it gave me the option to buy CTSI/BTC or CTSI/USDT and some others which I can’t recall

At the time of purchase, I used USDT to buy CTSI/USDT.

I am hold coins and do not buy and sell on a regular basis.

Doing further research, I understand USDT may collapse in the future so I think I’ve made a mistake by buying CTSI paired with USDT

Would you guys advise I need to do anything or am I getting confused and CTSI value will be CTSI value regardless of if it was bought as CTSI/USDT or CTSI/BTC?

Many thanks