#TradingPairs101 In crypto, a trading pair refers to two different assets that you can trade directly for each other on an exchange. It's written in the format:
> BASE/QUOTE
For example:
> BTC/USDT means you're trading Bitcoin (BTC) against Tether (USDT).
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š How Trading Pairs Work
The first currency (BASE) is what you're buying or selling.
The second currency (QUOTE) is what you're using to pay or receive.
Example:
If BTC/USDT = 30,000, then 1 BTC = 30,000 USDT.
If you sell 0.5 BTC, you get 15,000 USDT.
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š Types of Trading Pairs
1. Crypto-to-Stablecoin (Fiat Equivalent)
Examples: BTC/USDT, ETH/USDC, SOL/DAI
Most common for beginners and trading profits in stable value.
2. Crypto-to-Crypto
Examples: ETH/BTC, SOL/ETH, DOGE/SHIB
Useful for rotating between coins without cashing out.
3. Crypto-to-Fiat
Examples: BTC/USD, ETH/EUR, XRP/JPY
Available on regulated exchanges (Coinbase, Kraken, etc