#TradingPairs101
š What Is a Trading Pair?
A trading pair is a market between two different assets that you can trade against each other.
⢠Example: BTC/USDT
This pair lets you trade Bitcoin (BTC) for Tether (USDT) and vice versa.
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š± How to Read a Trading Pair
⢠The first currency is the base currency (what youāre buying or selling).
⢠The second currency is the quote currency (what youāre using to buy/sell the base).
So, if BTC/USDT = 68,000:
⢠You need 68,000 USDT to buy 1 BTC.
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š Common Crypto Trading Pair Types
1. Crypto-to-Fiat Pairs
⢠Example: BTC/USD, ETH/EUR
⢠Trade crypto for real-world money
2. Crypto-to-Stablecoin Pairs
⢠Example: ETH/USDT, BTC/USDC
⢠Offers less volatility vs fiat
3. Crypto-to-Crypto Pairs
⢠Used to swap one token for another