Bitcoin (BTC) is exchanged for another asset, such as a fiat currency (e.g., BTC/USD) or another cryptocurrency (e.g., BTC/ETH). These pairs are central to crypto exchanges, enabling traders to buy/sell Bitcoin relative to other currencies or tokens. BTC pairs provide liquidity, price discovery, and arbitrage opportunities. For instance, BTC/USDT (Tether) is popular for hedging against volatility. Traders use these pairs to speculate on Bitcoin’s price movements or transition between assets. High liquidity in major pairs (like BTC/USD on Coinbase or Binance) ensures smoother transactions, while volatile altcoin pairs (BTC/DOGE) carry higher risk. BTC pairs also serve as benchmarks for altcoin valuations, reflecting Bitcoin’s market dominance. Always traded as a base or quote currency, BTC’s role in pairs underpins global crypto markets.$BTC $NEAR $XRP