#TradingPairs101

A trading pair in crypto represents two assets you can trade between—like BTC/USDT or ETH/BNB. The first asset (on the left) is what you're buying or selling, and the second (on the right) is the currency you're using to make the trade.

For example, in the BTC/USDT pair, you're either buying Bitcoin using Tether (USDT) or selling Bitcoin to receive USDT. Trading pairs are essential because they define how assets are exchanged on both centralized (CEX) and decentralized exchanges (DEX).

There are two main types of trading pairs: crypto-to-fiat (e.g., BTC/USD) and crypto-to-crypto (e.g., ETH/BTC). Crypto-to-fiat pairs are useful for entering or exiting the crypto market using traditional currencies, while crypto-to-crypto pairs help you swap between different digital assets.

The availability of pairs depends on the exchange. Larger platforms offer more variety, increasing flexibility for traders. DEXs may rely on liquidity pools, so pair availability depends on what users have provided.

Understanding trading pairs is key to executing the right trades and managing your portfolio effectively. Always double-check you're using the correct pair for your intended trade—mixing them up can lead to unexpected losses or ,conversions.