#TradingPairs101 #TradingPairs101

Base Currency/Asset (first one listed): This is the asset you are buying or selling. Its value is always considered as "1 unit."

Quote Currency/Asset (second one listed): This is the asset used to express the value of the base asset. It's the currency you are paying with or receiving.

Example: EUR/USD (Euro/US Dollar)

EUR (Euro) is the Base Currency.

USD (US Dollar) is the Quote Currency.