What are trading pairs?
Trading pairs are your way of knowing the value of a certain currency compared to another currency. Simply put, it is a pair of currencies used to determine the value of one against the other.
Common example:
BTC/USD
This pair means: "How many US dollars (USD) do you need to buy 1 Bitcoin (BTC)?"
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🧠 How do trading pairs work?
You are not just buying "Bitcoin".
You are buying Bitcoin using dollars or another currency.
The system shows you the price in the form of a pair: base currency / quote currency.
Breakdown of the pair:
Base currency: the first in the pair (like BTC).
Quote currency / pricing currency: the second (like USD).