#TradingPairs101
Trading pairs represent the assets that are exchanged with each other on a platform. For example, in the BTC/USDT pair, you are exchanging Bitcoin for Tether. There are fiat-crypto pairs (like BTC/USD) and crypto-crypto pairs (like ETH/BTC). Understanding how pairs work is crucial to evaluating the value of one currency in relation to another. Additionally, some pairs have higher liquidity than others, which can influence the speed and cost of your trades.