$BTC
A BTC coin pair refers to a trading pair on a cryptocurrency exchange where Bitcoin (BTC) is used as either the base or quote currency. This means you're trading another cryptocurrency directly against Bitcoin, rather than using fiat like USD or stablecoins like USDT.
Examples of BTC Coin Pairs:
ETH/BTC – Trading Ethereum against Bitcoin.
ADA/BTC – Trading Cardano against Bitcoin.
SOL/BTC – Trading Solana against Bitcoin.
How It Works:
If you're trading ETH/BTC, you're buying or selling Ethereum using Bitcoin. For example, if ETH/BTC = 0.05, then 1 ETH costs 0.05 BTC.
Why Use BTC Pairs?
Useful for traders who hold Bitcoin as their primary asset.
BTC is widely accepted, highly liquid, and often used as a benchmark for other crypto prices.
Helps diversify away from fiat or stablecoin dependency.