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Base currencies represent how much is needed to purchase a single unit of the second or quote currency in a currency pair. On most cryptocurrency exchanges, Bitcoin, Ethereum and Tether (USDT) form the base currencies in most trading pairs. Choosing a trading pair is influenced by. For BTC/USDT, BTC is the base currency. The ticker before the �/� is always the base currency in crypto. Another example is ETH/BTC, in which.

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