Study Notes | Trading Pairs and Quote Currencies
① A trading pair is written as “A/B.” A is called the base currency, and B is called the quote currency. The quote shows how much B you can get for 1 A.
② For BTC/USDT, BTC is the asset being traded, and USDT is the asset used for pricing and settlement.
③ Before buying the same coin using different quote currencies, consider comparing the prices and market depth of several trading pairs.
$BTC 76739.41(-2.15%)
① A trading pair is written as “A/B.” A is called the base currency, and B is called the quote currency. The quote shows how much B you can get for 1 A.
② For BTC/USDT, BTC is the asset being traded, and USDT is the asset used for pricing and settlement.
③ Before buying the same coin using different quote currencies, consider comparing the prices and market depth of several trading pairs.
$BTC 76739.41(-2.15%)
