#BinanceTradeSmarter #Pair

A coin pair refers to the trading relationship between two cryptocurrencies on an exchange. In a coin pair, one cryptocurrency is traded against another. For example, in a pair like BTC/ETH, Bitcoin (BTC) is traded against Ethereum (ETH). The first currency in the pair (BTC) is considered the base currency, and the second currency (ETH) is the quote currency. The pair indicates how much of the quote currency (ETH) is needed to purchase one unit of the base currency (BTC). Coin pairs are essential for facilitating trades and price discovery in the cryptocurrency market. Common pairs include BTC/USD, ETH/BTC, and many others, offering liquidity and enabling traders to speculate or exchange between different digital assets.