$BTC BTC/USDT Trading Pair Explained

BTC/USDT is a popular cryptocurrency trading pair where Bitcoin (BTC) is traded against Tether (USDT), a stablecoin pegged to the US dollar. In this pair:

BTC (Bitcoin): The base currency, representing what you’re buying or selling.

USDT (Tether): The quote currency, used to measure the value of BTC in terms of US dollars.

For example, if the BTC/USDT rate is 30,000, it means 1 BTC equals 30,000 USDT.

This pair is widely used because USDT provides stability, making it easier to trade Bitcoin without dealing with volatility in fiat currencies.