🔁 What is the BTC/USDT pair?
The BTC/USDT pair represents the exchange rate between Bitcoin (BTC) and Tether (USDT).
#BTC : It is the most well-known and valuable cryptocurrency by market capitalization.
#USDT : It is a stablecoin designed to maintain a fixed value of 1 US dollar (USD).
📈 What does $BTC / $USDT mean in a #exchange ?
When you see this pair on an exchange like Binance, you are seeing how much USDT you need to buy 1 BTC.
Example:
If the BTC/USDT pair is at $68,000, it means that 1 BTC costs 68,000 USDT (or dollars, in practice).
If the price rises to $70,000, BTC has appreciated against USDT.
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🧠 Why is it the most used pair?
1. High liquidity: It is the most traded pair. There are always buyers and sellers.
2. Stability in pricing: USDT maintains its stable value, which makes it easier to measure gains or losses.
3. Easy for traders: Using USDT avoids the need to convert to fiat money (USD) and allows trading 24/7.
4. Global access: Both BTC and USDT are available on almost all exchanges in the world.
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📊 How is BTC/USDT used in trading?
Buy (long): You buy BTC expecting its value to rise against USDT.
Sell (short): You sell BTC expecting to buy it back cheaper later.
