#TradingPairs101
Trading pairs refer to the two assets being exchanged in a trade. Key aspects include:
- *Pairing*: A trading pair consists of two assets, such as BTC/USDT or ETH/USD.
- *Base and Quote Currency*: The first asset is the base currency, and the second is the quote currency.
- *Exchange Rate*: The price of the pair reflects the exchange rate between the two assets.
- *Types*: Trading pairs can be fiat-to-crypto (e.g., USD/BTC) or crypto-to-crypto (e.g., BTC/ETH).
- *Importance*: Understanding trading pairs is crucial for navigating markets, managing risk, and executing trades effectively in various exchanges and trading platforms.