$XRP 1. XRP/USD: You’re trading XRP against US Dollars.
If the pair is XRP/USD, you're buying XRP using USD, or selling XRP for USD.
2. XRP/BTC: You’re trading XRP against Bitcoin.
Here, the price shows how much BTC one XRP is worth. You can exchange XRP for BTC and vice versa.
3. Base and Quote Currencies:
In a pair like XRP/ETH, XRP is the base currency, and ETH is the quote currency.
The pair tells you how much of the quote currency is needed to buy 1 unit of the base currency.