#SouthKoreaCryptoPolicy quick guide to understanding trading pairs — a fundamental concept in cryptocurrency and foreign exchange (forex) markets.

🔁 What Are Trading Pairs?

A trading pair shows two assets being traded against each other.

Format: BASE/QUOTE

Example: BTC/USDT

BASE asset = the asset you are buying or selling

QUOTE asset = the asset you use to pay for the base

So in BTC/USDT, you’re trading Bitcoin (BTC) using Tether (USDT).