$BTC $BTC In the world of cryptocurrency trading, a "currency pair" refers to two cryptocurrencies that can be exchanged for each other.
* When you see a pair like "BTC/ETH", it means you can buy or sell Bitcoin (BTC) with Ethereum (ETH).
* In these pairs, BTC often acts as the "base currency".
Common BTC pairs on Binance:
* BTC/USDT: Bitcoin to Tether (a stablecoin). This is one of the most popular pairs.
* BTC/ETH: Bitcoin to Ethereum.
* BTC/BNB: Bitcoin to Binance Coin.
* BTC/XRP: Bitcoin to Ripple.
* BTC/LTC: Bitcoin to Litecoin.
Why trade with BTC pairs?
* Diversification: They allow you to diversify your cryptocurrency portfolio.
* Take advantage of market fluctuations: You can try to benefit from changes in the relative prices of cryptocurrencies.