The world of cryptocurrencies 🌐 is filled with new terms, and one of the key ones for every trader is trading pairs. If you are a beginner on Binance or want to better understand how asset exchange 🔄 works — this article is for you!
🔍 What is a trading pair?
A trading pair is a combination of two assets between which you can exchange. For example:
👉 BTC/USDT
This means you are buying or selling Bitcoin (BTC) in exchange for Tether (USDT).
📊 How does it work?
In each trading pair:
The first asset is the base (what you are buying or selling)
The second asset is the quote (what you pay with or what you receive)
Example:
If the BTC/USDT rate = 65,000, it means that 1 BTC costs 65,000 USDT 💵
🧩 What types of pairs are there?
On Binance, you will find hundreds of trading pairs categorized into several categories:
💲 Fiat → Crypto
BTC/USDT
ETH/EUR
💡 Here you exchange fiat currency or stablecoin for cryptocurrency
🔄 Crypto → Crypto
ETH/BTC
SOL/BNB
💡 Exchange one cryptocurrency for another
⚙️ Advanced pairs (used in DeFi, NFT, Launchpool)
WBTC/ETH
CAKE/BNB
💡 Often related to staking or liquidity pools
🛠️ Where to find trading pairs on Binance?
Go to the 'Trade' tab → 'Spot' 📈
At the top of the screen, you will see a field to select pairs — just enter the name of the token, and the system will show all available options ✅
🧠 Why is it important?
📌 Understanding trading pairs helps:
Better navigate the market
Build effective trading strategies 📈
Avoid mistakes during buying/selling ❌
🛡️ Tips for Beginners:
✔️ Always check the trading volume and liquidity of the pair 💧
✔️ Avoid lesser-known or 'exotic' pairs without experience
✔️ Start with pairs with high volume (BTC/USDT, ETH/USDT, etc.)
🔔 Now that you know what trading pairs are, confidently start your trading on Binance!
🚀 And even better — subscribe to updates to stay informed about all new listings and opportunities.
