#TradingPairs101 In the world of cryptocurrencies, a trading pair represents two assets that can be exchanged for each other, such as BTC/ETH or USDT/BTC. The first asset of the pair is the one you want to buy or sell, and the second is the one used to value it. For example, in the pair BTC/USDT, you are buying or selling Bitcoin using Tether as the reference currency. Understanding pairs is essential for effective trading, as they determine prices, liquidity, and exchange routes. Pairs also reflect the supply and demand relationship between two specific cryptocurrencies on an exchange.