Btc/usdt This article is dedicated to the currency pair BTC (Bitcoin in various pairs, including fiat and stablecoins):
Currency pair BTC: how Bitcoin is traded in the world of cryptocurrencies
Bitcoin (BTC) is the first and most valuable cryptocurrency in the world, as well as the foundation for forming numerous currency pairs. A currency pair with BTC is the ratio between Bitcoin and another currency, usually fiat or crypto asset. The most popular among them are BTC/USDT, BTC/USD, BTC/EUR, BTC/ETH, etc.
What is a currency pair with BTC?
A currency pair is the ratio between the value of BTC and the second currency in the pair. For example:
BTC/USDT — how many Tether stablecoins are needed to buy one Bitcoin.
BTC/USD — the exchange rate of Bitcoin against the US dollar.
BTC/ETH — the price ratio of BTC to Ethereum.
In each BTC pair, BTC is usually the base currency, and the second currency is the quoted currency.
The most popular pairs with BTC