$ETH 1. ETH/BTC - Ethereum is being traded against Bitcoin.
2. ETH/USDT - Ethereum is being traded against Tether (a stablecoin pegged to USD).
3. ETH/BNB - Ethereum is being traded against Binance Coin.
Key Concepts:
Base Currency (ETH): The asset you are buying or selling.
Quote Currency: The asset you are using to buy or receive when selling the base currency.
Price Representation: The price shows how much of the quote currency is required to buy 1 unit of the base currency.
Liquidity and Volatility: Popular ETH pairs (like ETH/USDT) tend to have high liquidity and less slippage.