In crypto trading, a trading pair lets you exchange one cryptocurrency for another. It’s shown as two assets separated by a slash—for example, BTC/USDT. The first asset (BTC) is what you’re buying or selling, and the second (USDT) is the currency you’re using to make the trade.
There are two main types of pairs:
• Crypto-to-Stablecoin (e.g., ETH/USDT)
• Crypto-to-Crypto (e.g., ETH/BTC)
Understanding pairs is key to navigating the market efficiently. For example, if you want to buy Cardano (ADA) using Bitcoin (BTC), you need to find the ADA/BTC pair. Not all pairs are available on every exchange, so availability may influence your trading path.
Also, keep an eye on liquidity and price spreads within each pair. Choosing the right pair affects your fees, execution speed, and profitability.