#TradingPairs101

What is a Trading Pair?

A trading pair consists of two currencies:

The base currency:

The first currency in the pair, which you are buying or selling.

The quote currency:

The second currency in the pair, which is used to measure the value of the base currency.

For example, in the trading pair BTC/USD:

BTC (Bitcoin) is the base currency.

USD (U.S. Dollar) is the quote currency.

This means you are trading Bitcoin for U.S. dollars or U.S. dollars for Bitcoin.