#TradingPairs101 Cryptocurrency trading pairs are fundamental to how digital assets are exchanged. Think of them like currency pairs in traditional forex markets, such as EUR/USD. A crypto trading pair, like BTC/USDT or ETH/BTC, indicates the relative value of two different cryptocurrencies, or a cryptocurrency against a fiat currency.

In a pair like BTC/USDT, BTC (Bitcoin) is the "base currency" and USDT (Tether, a stablecoin pegged to the US Dollar) is the "quote currency." This means the price tells you how many USDT you need to buy one BTC.

When you trade, you are always exchanging one asset for another. If you want to buy Bitcoin with Tether, you'd look at the BTC/USDT pair. If you have Ethereum and want to acquire Bitcoin, you'd find the ETH/BTC pair. Understanding these pairs is crucial for navigating crypto exchanges, determining values, and executing trades efficiently.