#TradingPairs101

The trading pair consists of a base currency and a quote currency. For example, in the pair BTC/USDT, Bitcoin (BTC) is the base currency, and its value is shown against Tether (USDT), which is the quote currency. When you see the price of BTC/USDT at 60,000, it means that 1 Bitcoin is equal to 60,000 US dollars (or 60,000 USDT).

The most common pairs are those that include stablecoins like USDT or USDC.