Back to glossary
Pair volume
Crypto pair volume refers to the total amount of a specific cryptocurrency pair traded on an exchange within a given period, typically 24 hours.
- A crypto pair, like BTC/USD or ETH/BTC, involves trading one cryptocurrency against another.
- Volume indicates the amount of the base currency traded, reflecting market activity and liquidity. High volume suggests greater liquidity and tighter spreads, while low volume indicates less activity and wider spreads.
- Volume helps assess market interest and sentiment, with spikes potentially signaling upcoming price movements and volatility.