$BTC The coin pair refers to Bitcoin being traded against another cryptocurrency or fiat currency, such as BTC/USDT or BTC/ETH. This trading pair indicates how much of the quoted currency is needed to buy one Bitcoin. $BTC pairs are among the most actively traded in the crypto market due to Bitcoin’s dominance and liquidity. Traders use these pairs to speculate on Bitcoin’s price movements or to exchange value between assets. Understanding coin pairs is essential for effective crypto trading, as they influence strategy, entry and exit points, and risk management across both spot and derivative markets.