Crypto pairs refer to the trading of one cryptocurrency against another on an exchange, such as BTC/USDC or BTC/USDT. Each pair shows how much of the quote currency is needed to buy one unit of the base currency. For example, in BTC/USDT, Bitcoin is the base and Tether (a stablecoin) is the quote. Traders use pairs to speculate on price movements or convert between digital assets. There are crypto-to-crypto pairs and crypto-to-fiat pairs. The availability of trading pairs varies by exchange and can impact liquidity. Understanding crypto pairs is essential for effective trading, portfolio management, and executing strategic market moves.
