#TradingPairs101 A trading pair connects two currencies so you can exchange one for the other.
For example:
BTC/USDT
➡ You’re trading Bitcoin (BTC) against Tether (USDT)
➡ If you buy, you're spending USDT to get BTC
➡ If you sell, you're giving BTC to receive USDT
Types of Trading Pairs
Crypto-to-Fiat Pairs
Example: BTC/USD, ETH/INR
Used to trade crypto with government-issued currencies.
Common on CEXs.
Crypto-to-Crypto Pairs
Used to switch between different cryptocurrencies.
Popular on both CEXs and DEXs.
Stablecoin Pairs
Example: ADA/USDT, BNB/USDC
Involve a stablecoin like USDT or USDC (pegged to USD).
Help avoid fiat on/off-ramping issues and reduce volatility.
