#TradingPairs101
The Core of Every Trade - A trading pair shows what you’re exchanging—like BTC/USDT. You’re buying Bitcoin with Tether or selling Bitcoin for Tether. The first is the base currency, the second is the quote.
Some pairs use fiat-pegged tokens (e.g., USDT, BUSD), while others are crypto-to-crypto (e.g., ETH/BTC). Picking the right pair affects liquidity, fees, and market access.
On CEXs, popular pairs offer faster execution. On DEXs, you may need to swap multiple times to reach your target token.
Smart traders don’t just pick tokens—they pick efficient paths. Understanding pairs helps you avoid poor routes, bad prices, and unexpected losses.
Trading is pairing—know your pair, or pay the price.