#TradingPairs101 TradingPairs101 is an educational initiative that breaks down the nature and functioning of trading pairs, highlighting their crucial role in financial and cryptocurrency markets. A trading pair represents the direct exchange relationship between two assets that are traded in a market. For example, in the pair BTC/USD, Bitcoin (BTC) is traded directly against the US dollar (USD).

When a trader operates with a pair, they are executing the purchase of one asset and the simultaneous sale of the other. The quote of a pair indicates the amount of the second currency (the quoted currency) that is required to acquire one unit of the first currency (the base currency). Understanding this mechanism is fundamental for any operation in the market.