#TradingPairs101 A trading pair represents the two currencies being exchanged in a trade. For example, in the BTC/USDT pair, BTC is the base currency, and USDT is the quote currency. If the price of BTC/USDT is 60,000, it means 1 BTC is worth 60,000 USDT. Binance supports a wide variety of trading pairs, including crypto-to-crypto (e.g., BNB/BTC) and crypto-to-fiat pairs (e.g., BTC/USD), with over 500 cryptocurrencies available for trading.Binance offers several trading interfaces, with spot trading being the most common for beginners. In spot trading, you select a trading pair (e.g., BNB/BTC), choose an order type (like market or limit orders), and execute the trade. For instance, to trade BNB/BTC, you select the pair, set the amount, and confirm the order. Binance’s interface, powered by TradingView, provides robust charting tools for technical analysis, helping traders identify entry and exit points.
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