One of the most important concepts to understand when trading cryptocurrencies is pairs.
Cryptocurrency pairs are a way to express the value of one cryptocurrency in terms of another, and understanding them is crucial for anyone looking to trade cryptocurrencies.
The most popular cryptocurrency pair is Bitcoin (BTC)/U.S. dollar (USD). This pair represents the value of one Bitcoin in terms of U.S. dollars.
Pairs enable traders to speculate on the price movements of cryptocurrencies and make informed decisions about buying and selling.
When it comes to cryptocurrency pairs, there are two currencies that make up a pair: the base currency and the quote currency.
In addition to fiat currencies, other cryptocurrencies can also be used as quote currencies in pairs. This is known as a cryptocurrency cross-pair.
On TIDEX, you can trade pairs against BTC, ETH, Fiat and Stablecoins, creating high liquidity and ensuring a safe, steady and profitable environment for trading crypto!
