#TradingPairs101 TradingPairs101: What are Trading Pairs

A trading pair is two assets between which an exchange occurs on an exchange. For example, in the pair BTC/USDT, the first asset (BTC) is bought or sold for the second (USDT). The first asset is called the base asset, and the second is called the quote asset. Trading pairs allow traders to easily compare the value of one asset relative to another. Common pairs include those with fiat currencies (e.g., ETH/USD) or cryptocurrencies (e.g., SOL/BTC). Understanding trading pairs helps navigate the markets better and make informed decisions. TradingPairs101 is the first step towards proficient trading on any exchange.