#TradingPairs101

On Binance, a "trading pair" represents two different assets that can be exchanged for one another. These pairs are the foundation of how trading is conducted on the platform, dictating which cryptocurrency or fiat currency you can buy or sell against another.

Each trading pair consists of a **base currency** and a **quote currency**. For example, in the pair BTC/USDT, Bitcoin (BTC) is the base currency, and Tether (USDT) is the quote currency. The price of this pair indicates how many units of the quote currency (USDT) are needed to buy one unit of the base currency (BTC), or how much of the quote currency you'll receive for selling one unit of the base currency.

Binance offers a vast selection of trading pairs, including crypto-to-crypto pairs (like ETH/BTC), crypto-to-fiat pairs (like BTC/EUR), and crypto-to-stablecoin pairs (like BNB/USDC). This variety allows traders to speculate on the relative value changes between different assets and to easily convert between them.