A Key Concept in Cryptocurrency Trading

In the world of cryptocurrency, one of the most fundamental trading pairs is the BTC pair. But what exactly does that mean, and why is it important for traders?

A BTC pair refers to the trading pair where Bitcoin (BTC) is paired with another cryptocurrency, such as Ethereum (ETH), Litecoin (LTC), or any altcoin. Instead of trading directly in fiat currency (like USD, EUR, etc.), traders use Bitcoin as the base currency. This means that you are trading the value of the altcoin in terms of Bitcoin rather than in terms of a fiat currency.