#TradingPairs101 Trading pairs are the foundation of the cryptocurrency market. They show which two currencies can be exchanged for one another on the exchange. For example, BTC/USDT means that you can trade Bitcoin (BTC) for Tether (USDT). The first currency is the base currency that you buy or sell, and the second is the quote currency for which the exchange is made.

There are crypto-crypto pairs (e.g., ETH/BTC) and fiat-crypto pairs (e.g., BTC/USD). The choice of pair affects liquidity and volatility. Understanding trading pairs is critically important for making informed trading decisions.$BTC