$BTC

A currency pair in the crypto market represents the relationship between two digital currencies that are traded against each other. This concept is used to enable users to easily buy or sell cryptocurrencies. For example, the BTC/ETH pair shows how much Ethereum can be obtained for one Bitcoin.

Currency pairs vary based on supply and demand in the market, and play a key role in determining prices. Pairs are traded on digital exchanges such as Binance and Coinbase, where the value of one currency is determined against another.

Understanding currency pairs helps investors make informed decisions, especially when moving between digital currencies or exploiting market volatility to make profits.