What is a crypto pair trade?
Could you elaborate on the concept of a crypto pair trade? I'm curious to understand how it works in the cryptocurrency market. Specifically, how do traders capitalize on the relative price movements between two different cryptocurrencies? Does it involve hedging strategies or the anticipation of price disparities? And what are the key factors to consider when engaging in such a trade, such as market liquidity, volatility, and trading platform reliability? I'd appreciate a concise yet comprehensive explanation of this trading technique.