#TradingPairs101 What are Trading Pairs?

Trading pairs on Binance are pairs of cryptocurrencies that you can trade against each other. For example, BTC/USDT means you’re trading Bitcoin against Tether.

How It Works

In each pair, the first coin is the base currency, and the second is the quote currency. You trade the base currency to get the quote currency.

Types of Pairs

Crypto-to-Crypto: Pairs like BTC/ETH where you’re exchanging one crypto for another.

Crypto-to-Fiat: Pairs like BTC/USD or ETH/EUR, where you trade crypto for traditional money.

Stablecoin Pairs: Pairs like BTC/USDT, where stablecoins act as a bridge between crypto volatility.

Liquidity

Binance offers high liquidity on popular pairs, meaning you can easily buy or sell at market prices with minimal slippage.

What to Consider

Always check the spread and liquidity before making trades. High-volume pairs tend to have tighter spreads.

How to Trade

We can place limit or market orders on Binance for any available trading pair.

Binance offers a wide variety of trading pairs to suit any crypto trader's needs.