📐 Cryptocurrency Basics｜Trading Pairs and Quote Currencies
· What it is: A trading pair is written as “A/B.” A is the base asset, and B is the quote currency. The price indicates how much B is worth for 1 A.
· How to understand it: Liquidity varies across trading pairs. Placing an order for the same coin in a more actively traded pair usually results in a smaller price deviation.
· In practice: Before buying the same coin with different quote currencies, compare the quotes and trading volumes of several pairs.
$BTC 75964.04（+0.056%）
#BTC
· What it is: A trading pair is written as “A/B.” A is the base asset, and B is the quote currency. The price indicates how much B is worth for 1 A.
· How to understand it: Liquidity varies across trading pairs. Placing an order for the same coin in a more actively traded pair usually results in a smaller price deviation.
· In practice: Before buying the same coin with different quote currencies, compare the quotes and trading volumes of several pairs.
$BTC 75964.04（+0.056%）
#BTC