#TradingPairs101 In cryptocurrency, a trading pair represents two different assets that can be exchanged for one another on an exchange. It's essentially a quotation of one asset's value in terms of another. For instance, BTC/USDT means you can trade Bitcoin (BTC) for Tether (USDT), and the price shown indicates how many USDT you need to buy one BTC.

The first currency listed in the pair is the base currency (what you're buying or selling), and the second is the quote currency (what you're using to make the trade).

Trading pairs are fundamental for price discovery and market liquidity. They allow you to compare costs, diversify your portfolio, and access various markets. Popular pairs like BTC/USDT or ETH/USD often have high liquidity, meaning easier and faster trades. Understanding these pairs is crucial for navigating the crypto market effectively.