#TradingPairs101

When you dive into crypto trading, one term you'll often encounter is **"trading pair."** But what does it really mean?

A **trading pair** represents two different assets you can trade between — for example, **BTC/USDT** or **ETH/BTC**. The first asset in the pair is the one you're buying or selling, and the second is what you're using to make that trade.

So, if you're trading **BTC/USDT**, you're buying or selling Bitcoin using Tether (a stablecoin). If it's **ETH/BTC**, you're trading Ethereum using Bitcoin.

💡 **Why are trading pairs important?**

* They determine how you access different cryptocurrencies.

* They influence price discovery between assets.

* They provide more flexibility for arbitrage and strategy.

On centralized exchanges (CEXs), trading pairs are listed with real-time prices and order books. On decentralized exchanges (DEXs), they're powered by liquidity pools where users supply both tokens.

Choosing the right pair matters. Not every token is available for direct INR or USDT trade. Sometimes, you’ll need to swap through multiple pairs to reach your desired asset.

**Bottom line:** Understanding trading pairs helps you navigate crypto markets efficiently and opens up smarter trading.