#TradingPairs101 TradingPairs101 #TradingPairs101

A trading pair represents the two assets being exchanged in a trade, such as BTC/USDT or ETH/BTC. The first asset (e.g., BTC) is what you’re buying or selling, and the second (e.g., USDT) is the currency used to quote the price. For example, if BTC/USDT is trading at 30,000, one Bitcoin costs 30,000 USDT.

Trading pairs are essential because not all cryptocurrencies can be traded directly with fiat (like USD or EUR) or even with each other. Major coins like Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT or USDC often serve as “base” currencies, offering more trading pair options.