$BTC When trading cryptocurrencies, a **"coin pair with $BTC"** refers to trading another cryptocurrency against Bitcoin (BTC) on an exchange. Bitcoin often acts as a base currency (like the USD in traditional markets), allowing users to buy or sell altcoins in terms of BTC. Below is a breakdown of popular BTC pairs, their purposes, and key considerations:
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### **1. Major BTC Trading Pairs**
These are the most liquid and widely traded pairs across exchanges like **Binance**, **Coinbase**, and **Kraken**:
| **Pair** | **Category** | **Description** |
|---------------|----------------------|---------------------------------------------------------------------------------|
| **ETH/BTC** | Smart Contract Platform | Ethereum (ETH) is the second-largest crypto and a benchmark for DeFi/NFT ecosystems. |
| **BNB/BTC** | Exchange Token | Binance Coin (BNB) powers the Binance ecosystem (trading fees, BNB Chain). |
| **XRP/BTC** | Payments | Ripple’s XRP focuses on cross-border transactions and banking partnerships. |
| **SOL/BTC** | Layer 1 Blockchain | Solana (SOL) is a high-speed blockchain competing with Ethereum. |
| **ADA/BTC** | Layer 1 Blockchain | Cardano (ADA) emphasizes peer-reviewed research and scalability. |
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### **2. DeFi & Ecosystem Tokens**
Pairs tied to decentralized finance (DeFi) or specific blockchain ecosystems:
| **Pair** | **Category** | **Use Case** |
|------------------|----------------------|------------------------------------------------------------------------------|
| **UNI/BTC** | DeFi (DEX) | Uniswap’s governance token for the largest decentralized exchange. |
| **LINK/BTC** | Oracles | Chainlink (LINK) provides real-world data to smart contracts. |
| **AVAX/BTC** | Layer 1 Blockchain |