#TradingPairs101 Trading pairs are two assets traded against each other in a market, like BTC/USD or ETH/BTC. The first asset (base) is what you’re buying or selling, and the second (quote) is what you’re using to pay or receive. For example, in BTC/USD, you’re trading Bitcoin for US dollars.

Key points:

- **Crypto pairs**: Common in crypto exchanges, e.g., BTC/ETH (trade Bitcoin for Ethereum).

- **Fiat pairs**: Involve currencies like USD, EUR, e.g., BTC/USD.

- **Stablecoin pairs**: Use stablecoins like USDT, e.g., BTC/USDT, for lower volatility.

- **Liquidity matters**: Popular pairs (e.g., BTC/USDT) have higher liquidity, tighter spreads, and less slippage.

- **Price representation**: In BTC/USD, if the price is $60,000, 1 BTC = $60,000 USD.