#TradingPairs101
Trading pairs refer to assets that can be exchanged for one another on a trading platform, typically involving crypto currencies or forex. Each pair consists of a base asset and a quote asset (e.g BTC /USDT ). The price shows how much of the quote asset is needed to buy one unit of the base asset. Traders use pairs to determine market value and execute trades. Common pairs include crypto-to-fiat (e.g ETH/USD), crypto-to-crypto (e.g BTC/ETH), and fiat-to-fiat (e.g EUR/USD). The availability of trading pairs influences liquidity, trading strategies, and arbitrage opportunities.
