The BTC/USDC pair is one of the popular trading pairs on cryptocurrency exchanges. It represents the exchange rate between Bitcoin (BTC), the largest cryptocurrency in the world, and USDC (USD Coin), a stablecoin pegged to the US dollar. When trading this pair, you are buying Bitcoin with USDC or selling Bitcoin to receive USDC.
USDC has a high price stability, so the BTC/USDC pair is often used by investors to minimize risk compared to the BTC/USDT pair (due to USDC's transparency and regular audits). This pair is suitable for both short-term trading and long-term holding, as it allows investors to easily switch between risky assets (BTC) and stable assets (USDC) without needing to withdraw fiat currency. It also supports capital management strategies and profit preservation well.
