Crypto 101: Trading Pairs and Quote Currencies
The same coin may have slightly different prices when quoted in different currencies. When the price gap gets too wide, arbitrageurs step in to bring prices back in line.
A trading pair is written as “A/B,” where A is the base currency and B is the quote currency. The quoted price tells you how much B one unit of A is worth.
In crypto, the biggest expense has never been fees—it’s the tuition you pay for not understanding the rules.
Back to the chart: $BTC current price 76868, 24h -2.25%.
The same coin may have slightly different prices when quoted in different currencies. When the price gap gets too wide, arbitrageurs step in to bring prices back in line.
A trading pair is written as “A/B,” where A is the base currency and B is the quote currency. The quoted price tells you how much B one unit of A is worth.
In crypto, the biggest expense has never been fees—it’s the tuition you pay for not understanding the rules.
Back to the chart: $BTC current price 76868, 24h -2.25%.
