#TradingPairs101
In cryptocurrency trading, a "trading pair" represents the exchange rate between two different assets. It's how you determine how much of one cryptocurrency you can get for another. For example, in the BTC/USDT pair, Bitcoin (BTC) is the base currency, and Tether (USDT) is the quote currency. This means the price you see reflects how many USDT you need to buy one BTC.
Understanding trading pairs is fundamental. They dictate what you can trade on an exchange. If you own Bitcoin, you can only directly trade it for other cryptocurrencies available in a BTC trading pair (like BTC/ETH). If the pair isn't available, you'd typically need to convert your BTC to a common stablecoin like USDT first, and then use USDT to buy your desired altcoin. Popular pairs like BTC/USDT and ETH/USDT usually offer higher liquidity and tighter spreads, making them ideal for frequent trading.
