$BTC BTC pairs are trading pairs involving Bitcoin (BTC) and another cryptocurrency or fiat currency. Here are some popular ones:
Cryptocurrency Pairs
- *BTC/ETH*: Bitcoin vs. Ethereum, allowing traders to exchange Bitcoin for Ethereum or vice versa.
- *BTC/LTC*: Bitcoin vs. Litecoin, another popular cryptocurrency pair.
- *BTC/DOGE*: Bitcoin vs. Dogecoin.
- *BTC/ADA*: Bitcoin vs. Cardano.
- *BTC/XLM*: Bitcoin vs. Stellar.
Fiat Currency Pairs
- *BTC/USD*: Bitcoin vs. US Dollar, enabling traders to exchange Bitcoin for US dollars directly.
- *BTC/USDT*: Bitcoin vs. Tether, a stablecoin pegged to the US dollar, providing a stable store of value ¹ ².
How BTC Pairs Work
- Trading pairs compare the value of two assets, illustrating how much of one asset equals another.
- BTC is a popular base currency due to its prominence and adoption.
- Many exchanges offer BTC trading pairs, allowing traders to exchange Bitcoin for other cryptocurrencies or fiat currencies directly ³.