$ETH A trading pair refers to two currencies that are compared to each other in a financial market.

For example, when you see "EUR/USD", it indicates the value of the euro (the base currency) quoted in terms of US dollars (the quote currency).

Key Components of a Trading Pair:

Base Currency: The first currency in the pair (for example, EUR)

Quote Currency: The second currency in the pair, used to value the base (for example, USD)