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Raju Kumar

Asked: 12 months ago2024-07-06T19:59:17+05:30 2024-07-06T19:59:17+05:30In: Exchange

What is Quote currency?

The Quote currency, also known as the Counter currency, determines the value of the selected asset in a perpetual swap pairing. For example, in BTCUSDT.PERP $30,000.00, 1 BTC is traded against the quote currency USDT at an exchange rate of 30,000 USDT.