Understanding trading pairs is essential for trading with criteria. A pair like BTC/USDT indicates that you are buying Bitcoin with Tether. The first in the pair is the base asset, and the second is the quote currency. Some pairs are traded against stablecoins (USDT, BUSD), while others are exchanged against cryptos like ETH or BTC. Choosing the right pair can affect the spread, liquidity, and your exposure to risk. Additionally, there are cross pairs that allow avoiding unnecessary conversions. Always analyze the structure of the pair and its volume before trading.
