#TradingPairs101 A trading pair refers to two assets that can be exchanged with each other, such as BTC/USDT or ETH/BTC. The first asset in the pair is known as the base currency—this is what you're buying or selling. The second is the quote currency, which determines the base asset's value. For instance, in the BTC/USDT pair, you're trading Bitcoin priced in Tether (a USD-pegged stablecoin). Trading pairs come in various forms, including fiat-to-crypto, crypto-to-crypto, and stablecoin-to-stablecoin. Selecting the right pair can impact your liquidity access, trading fees, and overall strategy. On decentralized exchanges, trades are executed via liquidity pools, whereas centralized exchanges use order books to match buyers and sellers. A solid grasp of trading pairs is crucial for successfully navigating the crypto market. $BTC
