Base Currency in Crypto Trading: What is it?

base currency

Each investment asset has a measure of value. Stock, bond, real estate, gold – all these instruments can be simply compared using the valuation in the base fiat currency. In the traditional markets, these are the currencies of the national central banks, such as dollars, euros, British pounds, etc. The situation on the crypto market is in many ways very similar. To estimate the rate of various cryptocurrencies, fiat money or major cryptocurrencies can be used. Let’s take a closer

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