#TradingPairs101
The Binance platform offers a very wide range of trading pairs and market data for traders. Here’s a breakdown of each:
Trading Pairs on Binance:
Binance allows trading hundreds of cryptocurrencies against each other or against stablecoins. The main trading pairs can be divided into:
Cryptocurrency Pairs Against Stablecoins:
Common stablecoins: USDT (Tether), FDUSD (First Digital USD), USDC (USD Coin), TUSD (TrueUSD), BUSD (Binance USD - although BUSD trading has gradually declined).
Examples of common pairs:
BTC/USDT (Bitcoin against Tether) - the most liquid and traded.
* ETH/USDT (Ethereum against Tether).
* BNB/USDT (Binance Coin against Tether).
* SOL/USDT (Solana against Tether).
* XRP/USDT (Ripple against Tether).
* ADA/USDT (Cardano against Tether).
* DOGE/USDT (Dogecoin against Tether).
* And many more altcoin pairs against stablecoins.
Cryptocurrency Pairs Against Other Cryptocurrencies
Bitcoin (BTC) or Ethereum (ETH) is often the base currency in these pairs.
ETH/BTC (Ethereum against Bitcoin).
BNB/BTC (Binance Coin against Bitcoin).
SOL/BTC (Solana against Bitcoin).
And other altcoin pairs against BTC or ETH.
Cryptocurrency Pairs Against Fiat Currencies