#TradingPairs101

Trading pairs refer to the two different currencies or assets that are exchanged in a trade on a financial market, commonly in cryptocurrency and forex. Each pair shows how much of one asset is needed to buy one unit of another. For example, in the BTC/ETH pair, Bitcoin is traded for Ethereum. Trading pairs are essential for price discovery and liquidity, allowing users to seamlessly convert between different assets. Popular pairs often involve stablecoins or major cryptocurrencies like USDT, BTC, or ETH. Understanding trading pairs helps traders make informed decisions, execute arbitrage strategies, and optimize conversions between various digital or fiat currencies.