#TradingPairs101

Trading pairs refer to the two assets that are being exchanged in a trade, typically a cryptocurrency or fiat currency pair. In trading, pairs are denoted as a base asset and a quote asset, with the price representing the value of the base asset in terms of the quote asset. For example, in the BTC/USDT pair, Bitcoin (BTC) is the base asset and Tether (USDT) is the quote asset. Traders buy or sell the base asset using the quote asset. Understanding trading pairs is essential for navigating markets, analyzing price movements, and making informed trading decisions. Each pair has its own dynamics and market behavior.