What is the pairing of btc on coinbase

what is the pairing of btc on coinbase

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110 us dollars to bitcoins Cryptocurrency trading pairs are a necessary part of the crypto economy and liquidity. With exchanges seeking � and traders demanding � stable assets with less hassle than cashing out to fiat, the first stablecoin was released in However, this same volatility can also offer more trading opportunities within a given period, and truth be told � volatility can be a trader's best ally if handled with appropriate risk management. Trading pairs, whether they're crypto-to-fiat or crypto-to-crypto, always consist of a "base" currency and a "quote" currency. A cryptocurrency pair allows each asset in the pair to be valued without using fiat money.
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Thomas DeMichele's Full Bio trading pairs, consider the example. In other words, not only insight into the value and been a better play.

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For example, the �trading pair� ETH/BTC. With ETH/BTC you can buy Ethereum with Bitcoin, or Sell Ethereum for Bitcoin. After-all, these cryptocurrencies are. These pairings help illustrate the relative worth of specific crypto assets � e.g., how much BTC equals in ETH, and how much ETH equals in BCH. Exchanges. The most used and liquid trading pairs usually involve fiat-backed stablecoins such as tether (USDT), USD coin (USDC) and Binance USD (BUSD).
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A base currency is a way to denote an agreed-upon value of different assets. Hopefully, that simple example gave insight into the value and risks of crypto trading pairs. Is this article helpful? In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated.