#TradingPairs101
#TradingPairs101 Cryptocurrency trading pairs are fundamental to how digital assets are exchanged. Think of them like currency pairs in traditional forex markets, such as EUR/USD. A crypto trading pair, like BTC/USDT or ETH/BTC, indicates the relative value of two different cryptocurrencies, or a cryptocurrency against a fiat currency.
In a pair like BTC/USDT, BTC (Bitcoin) is the "base currency" and USDT (Tether, a stablecoin pegged to the US Dollar) is the "quote currency." This means the price tells you how many USDT you need to buy one BTC.
