#TradingPairs101 In the context of Bitcoin and cryptocurrencies, a trading pair is a combination of two currencies that you can exchange with each other on an exchange platform.
🔁 What is a trading pair?
A trading pair indicates which currency you are buying and which you are using to pay.
For example:
BTC/USDT 👉 You are buying Bitcoin (BTC) and paying with Tether (USDT).
ETH/BTC 👉 You are buying Ethereum (ETH) and paying with Bitcoin (BTC).
BTC/EUR 👉 You buy BTC and pay with euros.
📌 Common types of pairs
Pairs with fiat currencies (traditional money):
BTC/USD (dollars)
BTC/EUR (euros)
BTC/ARS (Argentine pesos), etc.
Crypto-to-crypto pairs:
BTC/ETH
BTC/USDT
BTC/BNB
🧠 Why are they important?
They allow you to calculate the value of one crypto relative to another.
They are key for trading (buying low and selling high).
Some exchanges offer more pairs than others, which provides more movement options.