What is a currency pair? 🤔

When you want to trade one cryptocurrency for another, you use a currency pair. The currency pair shows the two currencies you are trading. For example:

BTC/ETH means you are trading Bitcoin (BTC) for Ethereum (ETH).

BTC/USDT means you are trading Bitcoin for Tether (a stablecoin).

The first currency is what you are buying or selling, and the second currency is what you use to buy or receive.

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What is BTC? 🪙

BTC is short for Bitcoin, the first and most famous cryptocurrency in the world. Many people use BTC for:

Investing for the future

Trading with other currencies

Sending money across borders