#TradingPairs101 If you are new to the world of cryptocurrencies, understanding trading pairs is essential. A trading pair represents two different cryptocurrencies that can be exchanged for one another on an exchange. For example, in the BTC/ETH pair, you are exchanging Bitcoin (BTC) for Ethereum (ETH) or vice versa.
Trading pairs show you how much of one asset is needed to purchase another. If BTC/ETH = 15, it means that 1 BTC is worth 15 ETH. This helps you measure the value without having to convert to fiat currency like USD or EUR.