$BTC

Understanding the $BTC Pair

When trading cryptocurrencies, you will often encounter the $BTC pair. This abbreviation usually refers to Bitcoin (BTC) in a pair with another currency or asset, such as BTC/USD, BTC/EUR, or BTC/USDT. The first coin in the pair is what you are buying or selling, and the second is the currency you are doing it with. Understanding what $BTC is being traded against is crucial for market analysis and making informed decisions.