2024-12-24 00:15
IndustryWhat are the base and quote currencies?
The base currency is always on the left of a currency pair,
and the quote is always on the right. The base currency is
always equal to one, and the quote currency is equal to
the current quote price of the pair – which shows how
many of the quote currency it’ll cost to buy one of the
base. So, when you’re trading currency, you’re always
selling one to buy another.
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What are the base and quote currencies?
| 2024-12-24 00:15The base currency is always on the left of a currency pair,
and the quote is always on the right. The base currency is
always equal to one, and the quote currency is equal to
the current quote price of the pair – which shows how
many of the quote currency it’ll cost to buy one of the
base. So, when you’re trading currency, you’re always
selling one to buy another.
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