#TradingPairs101 What Are Trading Pairs and Why They Matter

If you’re new to crypto trading, one of the first terms you’ll encounter is “trading pair.” But what exactly does it mean? In this edition of #TradingPairs101, we’ll break it down for you and explain how trading pairs work on platforms like Binance.

What is a Trading Pair?

A trading pair consists of two currencies that can be exchanged for one another. For example, BTC/USDT is a trading pair that lets you trade Bitcoin for Tether (USDT) and vice versa. The first currency (BTC) is what you are buying or selling, and the second (USDT) is the quote currency used to determine value.

Types of Trading Pairs

1. Crypto-to-Stablecoin (e.g., ETH/USDT) – Great for price stability.

2. Crypto-to-Crypto (e.g., ETH/BTC) – For converting between digital assets.

3. Fiat-to-Crypto (e.g., EUR/BTC) – Often used for on-ramping new users.

Why It Matters

Choosing the right pair affects your fees, execution speed, and even your profits. Binance offers hundreds of trading pairs, giving you the flexibility to trade your way, whether you’re hedging, investing, or arbitraging.

Master trading pairs—and master your strategy. Only on Binance.