$ETH Understanding the ETH Pair in Crypto Trading
In the world of cryptocurrency trading, the **ETH pair** refers to trading pairs that involve **Ethereum (ETH)** and another digital asset. For example, BTC/ETH or ETH/USDT are common ETH pairs, where Ethereum is either the base or quote currency. These pairs are crucial in decentralized exchanges and play a key role in liquidity and market dynamics.
Traders often use ETH pairs to diversify their portfolios, hedge positions, or access tokens that are primarily traded against Ethereum. The popularity of ETH pairs has surged with the growth of DeFi, as Ethereum powers most decentralized finance protocols and tokens.
Understanding how ETH pairs work can give investors a strategic edge, especially when ETH shows strong price movements or serves as a bridge between lesser-known altcoins.
