“BNB pair” refers to the combinations of $BNB (Binance Coin) with other cryptocurrencies on exchanges. On trading platforms, such as Binance, currency pairs allow you to exchange one currency for another directly.
For example:
1. BNB/USDT: This pair allows you to exchange Binance Coin (BNB) with Tether (USDT), a stablecoin that keeps its value pegged to the dollar.
2. BNB/BTC: Here you can exchange BNB with Bitcoin (BTC).
3. BNB/ETH: In this pair you can trade between BNB and Ethereum (ETH).
Currency pairs are essential in trading because they determine the price relationship between two cryptocurrencies. If you are interested in trading BNB, these pairs are the ways you can use it or convert it into other currencies, depending on your needs or strategies.