$BTC $BTC #CoinPair Crypto coin pairs are a crucial concept in the cryptocurrency market, allowing traders to exchange one digital asset for another. In essence, a crypto coin pair consists of two cryptocurrencies that can be traded for each other on an exchange ¹.
*How Crypto Coin Pairs Work*
Imagine you want to buy Litecoin (LTC) but only have Bitcoin (BTC). In this case, you would use the BTC/LTC trading pair to exchange your Bitcoin for Litecoin. The exchange rate between the two cryptocurrencies is determined by market forces, such as supply and demand ².