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Terminology

Terminology

Demystify all of the must-know terminology and concepts underpinning crypto and Web3.

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Terminology
How to understand and find crypto pairs
What is a cryptocurrency pair? When you start trading cryptocurrencies, you'll likely encounter a large number of trading pairs consisting of two cryptocurrencies, such as BTC/USDT, ETH/USDT. A cryptocurrency pair is a transaction ratio consisting of two cryptocurrencies, such as BTC/USDT, where USDT is the quote currency and BTC is the trade currency.
Aug 22, 2024
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Terminology
Key concepts and terminology in spot trading
If you are new to crypto trading, spot trading is an excellent place to start. Spot trading is the simplest way to buy and sell cryptocurrencies. When you want to buy or sell crypto, you can place an order on the spot market, and the OKX exchange will match your order with a buyer or seller.
Aug 22, 2024
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