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What is a cryptocurrency trading pair?

OKX Learn
OKX Learn
Gepubliceerd op 06 jul 2023
Geüpdatet op 16 jul 2024
2 min. leestijd

A cryptocurrency trading pair consists of two cryptocurrencies, such as BTC/USDT, where BTC is the base currency and USDT is the quote currency.

Using BTC/USDT as an example, you can:

  • Buy BTC with USDT (also known as a buy order in spot trading)

  • Sell BTC and receive USDT (also known as a sell order in spot trading)

Stablecoins

Stablecoins such as USDT, USDC, DAI and USDK are commonly used as the quote currency for trading pairs found on OKX. This is because these stablecoins are typically pegged to fiat currency such as USD, so it's convenient for the user to easily benchmark the price of the base currency. For example, the price of BTC/USDT could be easily interpreted as how much a single BTC is valued in terms of USD.

How to find cryptocurrency trading pairs on the OKX app

There are multiple methods to find the cryptocurrency trading pair you're looking for. You could use the following:

  • The search bar

  • The discover page

  • The trading pair drop-down found on all charts and trading pages

Disclaimer
Deze inhoud is alleen bedoeld voor informatieve doeleinden en kan betrekking hebben op producten die niet beschikbaar zijn in jouw regio. Het is niet bedoeld om (i) beleggingsadvies of een beleggingsaanbeveling te geven; (ii) een aanbod of verzoek te doen om digitale bezittingen te kopen, verkopen of aan te houden, of (iii) financieel, boekhoudkundig, juridisch of fiscaal advies te geven. Het aanhouden van digitale bezittingen, waaronder stablecoins en NFT's, brengt een hoge mate van risico met zich mee en kan sterk fluctueren. Je moet zorgvuldig overwegen of het verhandelen of aanhouden van digitale bezittingen geschikt is voor je in het licht van je financiële toestand. Raadpleeg je juridische/fiscale/beleggingsdeskundige voor vragen over je specifieke omstandigheden. Informatie (inclusief marktgegevens en statistische informatie, indien van toepassing) in dit bericht is alleen voor algemene informatiedoeleinden. Hoewel alle redelijke zorg is besteed aan de voorbereiding van deze gegevens en grafieken, wordt geen verantwoordelijkheid of aansprakelijkheid aanvaard voor eventuele fouten of weglatingen hierin. Zowel OKX Web3 Wallet als OKX NFT Marketplace zijn onderworpen aan afzonderlijke servicevoorwaarden op www.okx.com.
© 2024 OKX. Dit artikel mag in zijn geheel worden gereproduceerd of gedistribueerd, of uittreksels van 100 woorden of minder van dit artikel mogen worden gebruikt, mits dit gebruik niet commercieel is. Bij elke reproductie of verspreiding van het hele artikel moet ook duidelijk worden vermeld: "Dit artikel is © 2024 OKX en wordt gebruikt met toestemming." Toegestane uittreksels moeten de naam van het artikel vermelden en toeschrijving bevatten, bijvoorbeeld "Naam artikel, [naam auteur indien toepasselijk], © 2024 OKX." Afgeleide werken of ander gebruik van dit artikel zijn niet toegestaan.
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Stablecoins
How to find cryptocurrency trading pairs on the OKX app
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