#TradingPairs101

Trading pairs represent two different assets that can be exchanged for one another on a cryptocurrency exchange. For example, BTC/ETH means you can trade Bitcoin for Ethereum and vice versa. The first asset is the base currency, and the second is the quote currency. The pair shows how much of the quote currency is needed to buy one unit of the base currency. Common pairs include crypto-to-crypto (e.g., ETH/USDT) and crypto-to-fiat (e.g., BTC/USD). Understanding trading pairs is essential for navigating the market, finding the right conversions, and making informed trading decisions across different platforms and currencies.