$USDC The trading world, whether in forex, stocks, or cryptocurrencies, considers understanding "trading pairs" to be fundamental. Simply put, a trading pair is a pair of assets that can be traded against each other. Just as you buy goods with cash, you buy one cryptocurrency with another, or you buy a stock with fiat currency.

A trading pair consists of a base currency and a quote currency. For example, in the BTC/USDT pair, Bitcoin (BTC) is the base currency, and its value is shown against Tether (USDT), which is the quote currency. When you see the BTC/USDT price at 60,000, it means that 1 Bitcoin is equal to 60,000 US dollars (or 60,000 USDT).