#TradingPairs101 Trading pairs in cryptocurrency represent two assets that can be exchanged for one another on an exchange. A typical example is BTC/USDT, where Bitcoin is traded against Tether. The first asset in the pair is the base currency, and the second is the quote currency. The pair shows how much of the quote asset is needed to buy one unit of the base asset. Trading pairs help users move between different cryptocurrencies or between crypto and fiat-pegged tokens. They also influence liquidity and trading strategy. Some pairs are highly liquid, while others may be thinly traded, impacting execution. Understanding pairs is key to navigating crypto markets effectively.
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