Cryptocurrency pairs – also referred to as trading pairs – are a type of currency pair. A pair is two tokens or coins that can be traded. Cryptocurrency pairs can include fiat currencies and cryptocurrencies.
Cryptocurrency pairs allow traders to compare currencies against one another. In a pair, two currency names or abbreviations are presented, separated by a slash or dash, for example, BTC/USD. The first currency in the pair is the base currency with the quote currency listed second. The quote currency is compared against the base currency, showing how much one coin or token of the base currency is equal to in the quote currency.
Q: What are Cryptocurrency Pairs?
A: Are assets that can be traded for each other on an exchange.
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