#TradingPairs101 A trading pair represents two different currencies you can trade between. For example, BTC/USDT means you can trade Bitcoin for Tether (USDT) and vice versa. The first currency is the “base,” and the second is the “quote.” You’re basically buying or selling the base currency using the quote currency. Understanding trading pairs is important for managing your trades effectively. Some exchanges offer crypto-to-crypto pairs, like ETH/BTC, while others offer fiat pairs like BTC/USD. Choosing the right pair can reduce trading fees and maximize profit opportunities. Always check volume and spread before selecting a pair.