#TradingPairs101 What Are Trading Pairs?
A trading pair is a market between two different assets that you can trade. It shows how much of one asset you need to buy one unit of the other.
📌 Format:
BASE/QUOTE
Base currency: The first asset in the pair (the one you are buying or selling).
Quote currency: The second asset (used to price the base).
💡 Examples:
1. BTC/USD
BTC = Bitcoin (base)
USD = US Dollar (quote)
If BTC/USD = 40,000 → 1 BTC = 40,000 USD
2. ETH/BTC
ETH = Ethereum
BTC = Bitcoin
If ETH/BTC = 0.07 → 1 ETH = 0.07 BTC