#TradingPairs101 A trading pair is a combination of two currencies between which an exchange occurs. For example, BTC/USDT means that you are buying or selling Bitcoin for the stablecoin Tether. Understanding trading pairs is important for effective asset management. There are fiat pairs (for example, ETH/USD), crypto-crypto pairs (for example, ETH/BTC), and pairs with stablecoins (for example, SOL/USDT). The choice of pair depends on your strategy. For example, if you want to lock in profits without converting to fiat — use pairs with stablecoins. And if you want to increase the amount of one cryptocurrency at the expense of another — choose crypto-crypto pairs. The ability to analyze pairs helps to see opportunities that beginners might miss.