#TradingPairs101 cryptocurrency or forex represents two different assets that can be traded for one another on an exchange. It shows how much of one currency (the quote currency) is needed to buy one unit of another currency (the base currency). For example, in the trading pair BTC/ETH, BTC is the base and ETH is the quote—indicating how much ETH you need to buy 1 BTC. Trading pairs are essential for determining prices and facilitating exchange between different currencies or tokens. They help users understand value relationships and make trades without needing to convert everything to fiat first.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.