#TradingPairs101

Trading Pairs 101 on Binance introduces users to how cryptocurrencies are exchanged on the platform. A trading pair consists of two currencies, such as BTC/USDT, where Bitcoin (BTC) is traded against Tether (USDT). The first currency is the "base," and the second is the "quote." The price shown represents how much of the quote currency is needed to buy one unit of the base. Binance offers hundreds of pairs, allowing users to trade between different cryptocurrencies or convert crypto to stablecoins. Understanding trading pairs is essential for navigating markets, making informed decisions, and managing risk effectively within Binance’s robust trading ecosystem.