$BTC
A coin pair in cryptocurrency refers to two assets that can be exchanged for each other on a trading platform. For Bitcoin (BTC), the most common and highly liquid pairs typically involve stablecoins and other major cryptocurrencies.
The most popular BTC coin pair is BTC/USDT, where USDT (Tether) is a stablecoin pegged to the US Dollar, offering high liquidity and lower volatility for easier trading. Other significant BTC pairs include BTC/ETH (Bitcoin to Ethereum), allowing traders to speculate on the relative performance of these two crypto giants.
Less common but still relevant BTC pairs include those with other altcoins like BTC/ADA (Cardano), BTC/XRP, or BTC/LTC. Trading these pairs involves exchanging Bitcoin for the respective altcoin, or vice versa, based on market analysis and strategies like pairs trading or arbitrage.