$ETH A coin pair involving ETH (Ethereum) refers to a trading pair on a cryptocurrency exchange where ETH is exchanged for another asset. These pairs allow traders to buy or sell Ethereum in relation to another coin or token.

What is a Coin Pair?

A coin pair or trading pair is a market between two cryptocurrencies. It shows how much of one asset (the quote currency) is needed to buy one unit of another (the base currency).

For example:

ETH/USDT means how many USDT (Tether, a stablecoin) are required to buy 1 ETH.

ETH/BTC means how many BTC (Bitcoin) are needed to get 1 ETH.

Popular ETH Coin Pairs

Some of the most traded ETH pairs include:

ETH/USDT – Most popular for stable trading.

ETH/BTC – Common among crypto-to-crypto traders.

ETH/BNB – Popular on Binance.

ETH/USDC – Used by those preferring USD Coin over Tether.

ETH/DAI – Common in DeFi environments.

Use in Trading

ETH trading pairs are essential for:

Price discovery: Helps determine ETH's value in different currencies.

Liquidity: ETH pairs with stablecoins and other cryptos to enable quick trades.

Arbitrage: Traders exploit price differences in ETH across various pairs or exchanges.

Use in DeFi

In decentralized finance (DeFi), ETH pairs power:

Liquidity pools (e.g., ETH/DAI on Uniswap)

Yield farming

Swapping assets via decentralized exchanges (DEXs)