#TradingPairs101 Trading Pairs 101: In crypto markets, trading pairs represent the assets you can exchange against one another—e.g., BTC/USDT or ETH/BTC. The first asset is the base currency, and the second is the quote currency. Trading pairs allow users to measure the value of one asset relative to another and facilitate efficient market navigation. Fiat-to-crypto pairs (like BTC/USD) help onboard capital, while crypto-to-crypto pairs enable portfolio diversification. Liquidity, volatility, and trading volume vary across pairs, impacting execution and pricing. Understanding pair dynamics is vital for informed decision-making, optimizing conversions, and minimizing slippage. A strong grasp of trading pairs enhances agility across centralized and decentralized exchange environments.