#TradingPairs101 Trading pairs represent two different assets traded against each other, commonly seen in financial markets like forex and cryptocurrency. For example, in the BTC/USD pair, Bitcoin is traded against the US dollar. The first currency is the base, while the second is the quote. Traders speculate on price movements: if they believe the base will increase in value against the quote, they buy; if they think it will decrease, they sell. Understanding trading pairs is crucial for successful trading, as they indicate market trends, liquidity, and price volatility of the assets being compared.