$BTC

A **Bitcoin trading pair** combines Bitcoin with another asset (such as a fiat currency like the US dollar or a cryptocurrency like Ethereum) for trading. Common pairs include **BTC/USD** (Bitcoin against the US dollar) and **BTC/USDT** (against the stablecoin Tether). The pairs reflect the value of Bitcoin relative to the paired asset, enabling traders to speculate or hedge. Liquidity varies by exchange and pair - major pairs (such as BTC/USD on Coinbase) offer narrow spreads, while exotic pairs (like BTC/JPY) may have higher volatility. Traders analyze charts, order books, and fees to refine strategies. Decentralized exchanges (DEXs) also support Bitcoin pairs (like BTC/WBTC on DeFi platforms). Always consider market depth and risks. (Translated)