A crypto trading pair (BASE/QUOTE, e.g., BTC/USDT) shows the cost of one base unit in quote currency. Key types are:
1.Stablecoin Pairs (e.g., BTC/USDT): Trade crypto against stablecoins like USDT (pegged to USD), offering lower volatility and high liquid
2.BTC/ETH Pairs (e.g., ETH/BTC): Trade altcoins against Bitcoin or Ethereum, the dominant cryptocurrencies.
3.Fiat Pairs (e.g., BTC/USD): Buy/sell crypto directly using traditional money like dollars or euros, essential for market entry/exit.
4.Altcoin Pairs (e.g., LINK/ADA): Trade one altcoin for another, often more volatile with lower liquidity.
Crucial factors when selecting a pair are liquidity (ease of trading, tight spreads), volatility (risk level), and exchange availability.
