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It is the trade between one cryptocurrency and another. It is the combination of two cryptocurrencies that facilitates trading on the digital currency exchanges. A dash (—) or a slash (/) usually represents a pair by separating the two tokens. For instance, BTC/ETH or BTC—ETH indicates a pair between Bitcoin (BTC) and Ethereum (ETH). Interacting with this pair, permits a trader to purchase BTC with ETH or sell one to get the other. Additionally, the exchanges that support trading of the fiat currencies can also possess fiat/crypto pairs bearing the same trading basics.

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