$BTC

Understanding BTC Trading Pairs

When trading cryptocurrencies, understanding trading pairs is crucial. A trading pair compares the value of one currency to another, specifically the base currency vs. the quote currency.

BTC Trading Pair Examples

Some popular trading pairs involving BTC include:

- *BTC/USD*: Bitcoin vs. US Dollar

- *ETH/BTC*: Ethereum vs. Bitcoin

- *BTC/USDT*: Bitcoin vs. Tether (a stablecoin pegged to the US dollar)

How BTC Trading Pairs Work

In a BTC trading pair, BTC can be either the base currency or the quote currency. For example:

- In the ETH/BTC pair, ETH is the base currency, and BTC is the quote currency. To buy 1 ETH, you'd need to spend the equivalent value in BTC.

- When placing a buy order for ETH/BTC, you'll spend BTC to buy ETH. When placing a sell order, you'll sell ETH and receive BTC in return.¹

Current BTC Price

As of June 8, 2025, the current Bitcoin price is $105,534.87, with a 0.34% increase from the previous close.²

Trading Strategies

Traders can use various strategies, such as triangular arbitrage, to profit from price discrepancies between different trading pairs. This involves exploiting differences in conversion rates between currencies.