Knowledge Notes | Trading Pairs and Quote Currencies
① The price of the same coin may differ slightly when quoted in different currencies. If the price gap widens, arbitrageurs step in to bring prices back in line.
② A trading pair like ETH/BTC is quoted in BTC. It reflects ETH’s price movement relative to BTC, which is different from ETH’s price in US dollars.
③ Before buying the same coin with different quote currencies, compare the prices and market depth of a few trading pairs.
$BTC 81109.79（-0.27%）
① The price of the same coin may differ slightly when quoted in different currencies. If the price gap widens, arbitrageurs step in to bring prices back in line.
② A trading pair like ETH/BTC is quoted in BTC. It reflects ETH’s price movement relative to BTC, which is different from ETH’s price in US dollars.
③ Before buying the same coin with different quote currencies, compare the prices and market depth of a few trading pairs.
$BTC 81109.79（-0.27%）