#TradingPairs101
Trading pair in crypto is a pair of two digital or fiat currencies that are traded against each other on an exchange. A trading pair shows the value of one asset against another.
Common examples:
BTC/USDT: Shows how much USDT is needed to purchase 1 BTC.
ETH/BTC: Shows how much BTC is needed to purchase 1 ETH.
Understanding trading pairs is important for:
Determining efficient exchange routes
Accurately calculating exchange rates
Formulating cross-asset trading strategies$BNB