Home › Glossary › Trading pair

Trading pair: definition and meaning

A trading pair shows two assets that can be exchanged, such as BTC/USDT, where BTC is priced in USDT.

Why it matters

Knowing the quote asset tells you what the price is measured in.

Related terms

• USDT
  USDT, or Tether, is the largest dollar-pegged stablecoin and a very common trading pair on…
• Order book
  An order book is a live list of buy and sell orders at different prices for a market.…

Guides that explain more

• Spot vs Futures Trading: What's the Difference?
• What Is Leverage in Crypto Trading?
• What Is a Stablecoin?

Educational content only, not financial advice.