#TradingPairs101

In crypto trading, a trading pair represents two different cryptocurrencies that can be traded against each other on an exchange, such as BTC/USDT or ETH/BTC. The first currency in the pair is the base currency, and the second is the quote currency. Trading pairs allow users to measure the value of one cryptocurrency in terms of another. For example, in the BTC/USDT pair, you're buying or selling Bitcoin using Tether (a stablecoin). Some pairs involve fiat-backed stablecoins, while others involve crypto-to-crypto trades. The availability and liquidity of trading pairs vary by exchange. Understanding trading pairs is essential for navigating the market efficiently and making informed decisions during conversions or trades.