What Every Crypto Trader Should Know
Trading pairs are the foundation of all cryptocurrency transactions. A trading pair compares the value of one crypto asset to another—such as BTC/USDT, ETH/BTC, or BNB/ETH. When you trade BTC/USDT, you’re buying or selling Bitcoin using Tether (a stablecoin).
There are two main types of pairs:
Crypto-to-Fiat pairs (e.g., BTC/USDT or ETH/USD) allow you to exchange crypto for stable or fiat-based value.
Crypto-to-Crypto pairs (e.g., ETH/BTC or SOL/BNB) allow you to trade between different coins directly.
Understanding how pairs work helps you track prices, calculate profits, and choose the right market for your goals. Always check the base currency (first in the pair) and the quote currency (second) before placing an order.