$BNB The BNB pair is one of the elements of the crypto landscape, acting as a key bridge within and outside the Binance ecosystem. Understanding its role is essential for anyone navigating the world of digital assets. Let's delve into what makes the BNB pair so important.
What is the BNB Trading Pair?
Essentially, the BNB trading pair refers to trading Binance Coin (BNB) against another cryptocurrency or fiat currency. You often see it represented as BNB/BTC or BNB/USDT or BNB/ETH or even BNB/USD. The first currency (BNB) is the base currency, and the second is the quote currency. This means you are buying or selling BNB in exchange for the quote currency.
Why BNB Pair