#TradingPairs101 Trading pairs refer to the two assets involved in a trade on an exchange. For example, in a Bitcoin/Ethereum (BTC/ETH) trading pair, Bitcoin is the base currency and Ethereum is the quote currency. This means you're trading Bitcoin for Ethereum or vice versa. The price indicates how much of the quote currency is needed to purchase one unit of the base currency. Trading pairs are essential for determining the relative value of currencies and for executing trades in the market.