#TradingPairs101
What Are Trading Pairs?
A trading pair is two types of money or coins you can trade. For example, BTC/USD means you can trade Bitcoin for US dollars, or the other way around.
---
Why Trading Pairs Are Important
You always trade one coin for another. Trading pairs show what coins you can swap and what price you pay.
---
Base and Quote Currency
In a pair like BTC/USD, BTC is the base currency, and USD is the quote currency. The price shows how much quote currency you need to buy one base currency.
---
Popular Trading Pairs
Some popular pairs are BTC/USD, ETH/BTC, and USDT/ETH. These pairs have high trading volume and good liquidity.
---
How to Choose Trading Pairs
Choose pairs with good liquidity and low fees. This helps you buy or sell fast and with less cost.
---
Pairs on CEX and DEX
Centralized exchanges have many trading pairs with fiat money like USD or EUR.
Decentralized exchanges usually have crypto-to-crypto pairs.
