Trading Pair 101: The Basics of Crypto Trading on Binance
A trading pair represents two different assets that can be traded against each other. For example, in the BTC/USDT pair, you're trading Bitcoin (BTC) against Tether (USDT), a stablecoin. If you buy BTC/USDT, you're buying Bitcoin using USDT. If you sell, you're converting BTC into USDT.
There are two main types of pairs:
1. Crypto-to-Stablecoin (e.g., ETH/USDT): Helps manage volatility.
2. Crypto-to-Crypto (e.g., SOL/ETH): Ideal for diversifying within crypto assets.
Understanding trading pairs helps users navigate the market effectively, spot opportunities, and make smarter decisions. Always check liquidity and fees before trading. On Binance, thousands of pairs are available—giving you global access to a dynamic crypto market.
