$BTC BTC pairs are trading pairs that involve Bitcoin (BTC) and another cryptocurrency or fiat currency. Here are some common BTC pairs:
Fiat Pairs
- *BTC/USD*: Bitcoin for US dollars, allowing traders to measure Bitcoin's value against a government currency
- *BTC/USDT*: Bitcoin for Tether, a stablecoin pegged to the US dollar, popular for its high liquidity and wide use in trading
Cryptocurrency Pairs
- *BTC/ETH*: Bitcoin for Ethereum, reflecting the relationship between the two major digital currencies
- *BTC/DOGE*: Bitcoin for Dogecoin, a popular cryptocurrency with a strong community
- *BTC/LTC*: Bitcoin for Litecoin, another well-established cryptocurrency
- *BTC/ADA*: Bitcoin for Cardano, a proof-of-stake blockchain platform
- *BTC/XLM*: Bitcoin for Stellar Lumens, a fast and low-cost cryptocurrency
Other Pairs
- *BNB/BTC*: Binance Coin for Bitcoin, used to reduce trading fees on the Binance platform
- *DOGE/USDT*: Dogecoin for Tether, popular among traders due to Dogecoin's strong community and social media presence
- *LTC/BTC*: Litecoin for Bitcoin, reflecting the relationship between these two cryptocurrencies ¹
These pairs enable traders to exchange one cryptocurrency for another, allowing for various trading strategies and opportunities.