#TradingPairs101 What do trading pairs mean?

In the world of trading, especially in cryptocurrencies, a trading pair is a comparison between two currencies used to determine how much one is worth relative to the other.

This means that when you see a pair like:

BTC/USDT

you are trading Bitcoin against USDT (digital dollar). The price tells you how much USDT you need to buy 1 BTC$