#TradingPairs101

Definition: A pair of assets traded against each other.

Example: BTC/USDT, where Bitcoin is traded for Tether.

Types: Cryptocurrency pairs (e.g., ETH/BTC), fiat currency pairs (e.g., USD/EUR).

Key aspects:

Base currency: The first currency in the pair (e.g., BTC).

Quote currency: The second currency in the pair (e.g., USDT).

Exchange rate: The price of the base currency in terms of the quote currency.