$BTC Currency Pair BTC/USDT (or sometimes written as: BTC$) is one of the most famous trading pairs on digital currency platforms, especially on Binance.
Here's a simplified and useful explanation:
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🔁 What is the BTC/USDT currency pair?
BTC = Bitcoin
USDT = Tether, a stable digital currency that represents the US dollar (1 USDT ≈ 1 dollar)
✅ BTC/USDT means:
"How many Tether (USDT) do you need to buy 1 Bitcoin (BTC)"
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📈 Practical Example:
If the BTC/USDT price = 65,000
👉 This means you need 65,000 USDT to buy 1 Bitcoin (BTC).
And if:
You bought 0.01 BTC at 65,000
👉 You paid 650 USDT
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🛒 Why is this pair popular?
1. Very high liquidity: one of the most traded pairs globally.
2. Easy to calculate: since USDT equals the dollar.
3. Suitable for beginners and professionals.
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💡 Ways to trade the BTC/USDT pair on Binance:
Type of Trading Description
Spot Direct buying or selling at the current market price
Margin Trading with leverage (e.g., ×3 or ×10)
Futures (Contracts) Trading long or short-term contracts (without actual ownership of Bitcoin)
Bot Trading Using automated trading bots (like Grid or DCA Bots)
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Would you like me to explain how to enter a trade practically on the BTC/USDT pair in Binance step by step?
