Transactions between digital currencies refer to the exchange between digital currencies only. For example, if ETH (Ethereum) is priced by BTC (Bitcoin), a trading pair of ETH/BTC is formed. The price of the trading pair represents how much units of BTC buyers should pay when purchasing 1 unit of ETH, or vice versa.
The benefits of transactions between digital currencies
1.It lowers the cost generated by the conversion and exchange between different currencies.
2.It provides the opportunity for users to practice arbitrage within the platform.
4.It brings more convenience to the conversion and circulation among digital assets.