$BTC
What are Trading Pairs?
When trading cryptocurrencies, you do not buy or sell currency separately, but do so through what is known as a "trading pair". In simpler terms, a trading pair is a comparison between two currencies - one that you are buying and the other that you are selling.
A common example:
The pair BTC/USDT means that you are buying or selling Bitcoin using Tether (USDT).
If you are buying, you pay USDT for BTC, and if you are selling, you receive USDT for BTC.
There are many pairs, such as:
ETH/BTC
BNB/USDT
TON/USDC
Each pair represents a direct relationship between two currencies.
Benefits of understanding trading pairs:
Choosing the right pair determines the speed and cost of trading.
Some currencies are only available in certain pairs, so knowing the available pairs is important for accessing the desired currency.
📌 Remember: the higher the liquidity of the pair, the easier it is to conduct trades.