#TradingPairs101 A trading pair is two assets between which an exchange can be made on the exchange. It shows which currency you are buying and which you are selling. For example, the pair BTC/USDT means you are buying or selling bitcoin for the stablecoin USDT.
The first currency in the pair is the base asset, and the second is the quote. If the price of BTC/USDT = 67,000, it means that one bitcoin costs 67,000 USDT.
Trading pairs can be:
• Crypto-fiat (for example, BTC/USD)
• Crypto-crypto (for example, ETH/BTC)
• Stablecoin pairs (for example, SOL/USDT)
Understanding trading pairs is important for proper navigation of the exchange, avoiding mistakes, and effective trading. When choosing a pair, pay attention to liquidity, fees, and market depth.