# Introduction

### **Decentralized Trading, Redefined**

Prebit is revolutionizing the decentralized trading landscape as a frontrunner in DeFi protocol development. Built on the Binance Smart Chain (BSC), Prebit offers a secure, efficient, and scalable platform for traders.

Experience professional-grade trading with features designed to empower users while maintaining full control over their funds. Trade Bitcoin and other cryptocurrencies with minimal fees, and leverage of up to 1001x, all on a secure, KYC-free platform.

### Key Features of Prebit Exchange:

* **KYC-Free and Decentralized Trading**: Enjoy the freedom of trading without compromising your privacy.
* **Gasless Transactions**: Eliminate high gas fees and enhance trading efficiency.
* **Up to 1001x Leverage**: Amplify your trades with exceptional buying power.
* **Quick Setup**: Sign up in minutes using your crypto wallet, Telegram, or Gmail.
* **Full Custody of Funds**: Retain complete control with options for custodial and non-custodial wallets.
* **Minimal Fees**: Trade with zero funding rates and a highly competitive fee structure.
* **TradingView Integration**: Leverage advanced charting tools for a seamless trading experience.
* **Daily Events**: Participate in engaging events like price predictions and binary options for exciting rewards.


# Mission and Vision

### **Mission**<br>

At Prebit, we aim to redefine decentralized trading by expanding features such as binary options, price predictions, and advanced order types, all while maintaining the lowest fees and tightest spreads. As one of the top gas spenders on BNB Smart Chain, our focus is on simplicity, speed, and efficiency in smart contract execution to deliver the fastest and most user-friendly decentralized trading experience.

### **Vision**<br>

Our vision is to establish Prebit as a leader in the decentralized exchange industry within the next year. We aspire to become the most transparent and efficient perpetual DEX, known for ease of registration, unparalleled speed, and robust trading features. With a unicorn perspective, Prebit is set to define the future of decentralized trading.

<br>


# Getting Started

Welcome to Prebit! Here's a step-by-step guide to get you started on your trading journey.

### How to Access Prebit

1. Open the [**Prebit website**](https://www.prebit.io/) and head to the homepage.

<figure><img src="/files/f7BAUKklW9MNttnjUC1X" alt=""><figcaption></figcaption></figure>

1. Click on the **“**[**Trade Now**](https://app.prebit.io/trading/BTCUSDT)” section to access the WebApp.

<figure><img src="/files/ZPT6by6qmz4kHQnvCIr4" alt=""><figcaption></figcaption></figure>

1. On the WebApp, explore the following sections from the top navigation bar
   * **Trade: Trade with up to 1001x leverage and the lowest maker/taker fees compared to other DEXs.**

<figure><img src="/files/HBU9iFDbsG9aWFhrTrSm" alt=""><figcaption></figcaption></figure>

* **Leaderboard**: Check your [**ranking**s](https://app.prebit.io/competition) and performance.

<figure><img src="/files/ReXEOv6FZ6PLTeH2imyy" alt=""><figcaption></figcaption></figure>

**Up & Down**: [**Binary options**](https://app.prebit.io/up-or-down) trading for price predictions.

* *To begin trading or participate in binary options, you must sign in or sign up. Use the “Sign-In” button at the top-right corner of the page.*

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcg3w87VwnDVTF27gS-f9ZtEX6GMwmjrdni569UpZZwA_nBDgfU0VJZUc5WG_deiO_vBtlw3H937vYgXbJcUKuwbZ5Ca8E9GJu5QkVi6J4dyuPi54p3E0C-S9yVpnZ4QYqM_K6L?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

* **Referral**: Access your [**referral link**](https://app.prebit.io/referral)**.**

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXebZlZ9dDfUAxpjtCMZouIcrcuwl9tqRoW8bUSX0qlC83c2_DeEQxdRQ5FiNIFCLsuh5AM4yynjc4BKmZ_l9g6R4fYsdoDJ6Ah3DnDD7qS0u08SMbfHcjFZrZBVm_Y5YtVLl2z9FQ?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfeM6HaSf0aAY6XhlsK0yaVrwK2cE0KO2QJjHQOv1d6dF7OOZajw-V1C6iKBGWAp45YZ1deF_3oI7E-8WYudV7kr3v0MR4GmzqJo_Cf0YnfHNUzrl4tk41e0V6CFjB5FGD7uBc1Aw?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>


# How to Create an Account on Prebit

Creating an account on Prebit is quick, seamless, and entirely KYC-free. Follow these simple steps to get started

### **Step 1: Visit Prebit**

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd5tneHs9S_h5Rywy5-vvk4NBGYXlsZ_FgE663fybu7scaxMcpzmCmqQjMo6W5W3ThkVr7DMTyd3EWZiVO9brzTwm8uKMDgkxqxz2zE0DCMoX3gAbp5xzFsCSUHMnt3jE2e2PZS?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

* Click **“Sign-In”** in the top-right corner of the homepage.

### **Step 2: Choose a Sign-Up Method**

Prebit offers three convenient ways to create an account:

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdGquDX2ZYjYRgu6dSQXO48NPII6A5Aaxqzw1oD89VeLEC6E4RMiRYGZEXPvk3PjKtH0Ha9BXSNh5z2ZL_QbQpzQQYeUdAzNMuXdKYph92wdbwh_oMaTME9djbJffuvha_-7H8i?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>


# Connect Wallet(Evm-Wallet)

### Connect Wallet:

{% stepper %}
{% step %}
Supported wallets include **MetaMask, Trust Wallet, SafePal, Phantom Wallet, and more.**
{% endstep %}

{% step %}
Download the **wallet app or browser extension** for your preferred wallet.
{% endstep %}

{% step %}
**Create your wallet** following the wallet provider’s instructions.
{% endstep %}

{% step %}
On Prebit, click **“Connect Wallet”** and select your wallet.
{% endstep %}

{% step %}
**Approve the sign-up transaction** in your wallet to complete the process.
{% endstep %}

{% step %}
You’re now connected and **ready to trade** with your non-custodial wallet.
{% endstep %}
{% endstepper %}

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeJ7FG3XH0izP9cAejpTN6uxy4zjwiYcE4juwkJyxyKisgs3PaFkvEPr6pl8FLVlNjimAEJ12KlULkil09mlOFjr6J9KI-buVNbJOqx3ypioF47c5u-XllvkS0YERY6n1Gk_Zyc?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcfB_cKoX8d0k8CAuTnnznvIdfCY7c2qsJcgG4uJiyzns4_Sd_SJimjD3KvEXLDUEf8_EkFjfpIJ7RuJIv_rO6B_487Q3LajbjI2NGKGIGe7Uv4xmNfszzD3CUifF6kxYwhD5lZdw?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

### Install an EVM-Compatible Wallet

Download wallets like MetaMask, Trust Wallet, OKX Wallet, Safepal, and more via the link below to connect to Prebit.

* [Download MetaMask Wallet](https://metamask.io/download/)
* [Download TrustWallet Wallet](https://trustwallet.com/download)
* [Download SafePal](https://safepal.com/en/download)
* [Download OKX Wallet](https://chromewebstore.google.com/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge)


# Google Account

### Google Account:

{% stepper %}
{% step %}
Click on the **Google (Gmail)** option during sign-up.
{% endstep %}

{% step %}
From the list of accounts displayed, **select the Google account you want to connec**t.
{% endstep %}

{% step %}
**Confirm the connectio**n, and Prebit will automatically create a custodial wallet linked to your Google account.
{% endstep %}

{% step %}
Your account is now connected, and you’re **ready to start trading.**
{% endstep %}
{% endstepper %}

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdU2p_qji1dQOfClF7cg0yd5ap2_ApqXj1ZzvKsYw0RuwHJqcDbL_SnzAPFtbM079CsNSW74J3D4hQCgYRLDkh8fepXmWHm5r_XFShfuknph7mReKZqv6l0E-hZtQjUx7TeF16Q?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>


# Telegram Account

### Telegram Account:&#x20;

{% stepper %}
{% step %}
Click on the **Telegram option** during sign-up.
{% endstep %}

{% step %}
Enter the **phone number associated with your Telegram account**.
{% endstep %}

{% step %}
**A confirmation message** will be sent to your Telegram account.
{% endstep %}

{% step %}
Open the message in Telegram, and **confirm your account connection.**
{% endstep %}

{% step %}
Your Telegram account is now linked to Prebit, and you’re **ready to deposit and trade.**
{% endstep %}
{% endstepper %}

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdXsZNH0J2ZXiL2cGLTxWp-o0lW15H7QpQuwyQ7lNn7TKqCcLp-y_dciZ3K6FdgKmxe8kP3-og-gjuKiYp8ak-sAE-LIvDaC6GH6L9ynj5q7h1tIVxoUS09vbQ1LPe-bL-hA_Zm?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

> ### **Note:**
>
> * With these three sign-up options, you can enjoy **easy access to Prebit** and start trading effortlessly, all while staying **KYC-free.**
> * Prebit ensures a secure and user-friendly experience regardless of the method you choose.


# Wallet Options on Prebit

### 1. Non-Custodial Wallets (Wallet Connect):

* When signing up with a wallet, connect an EVM-compatible wallet like MetaMask, Trust Wallet, or SafePal.
* Ensure your wallet is connected to the Binance Smart Chain (BEP20), as Prebit operates on BSC.
* You’ll need:
  * **USDT (BEP20)** for trading.
  * **BNB (BEP20)** for gas fees (only if trading on Web3 or binary options).
  * For **gasless trading**, **no BNB is required for transaction fees.**
  * Transactions are recorded on-chain after you **sign a transaction** (smart contract execution).

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe17EOyAYiTrVGFG7JU-KzXtrV3ZoksFtcdHRRXLJrF0iIMZagkE0T2de329wuDES2C-7A5G2ivzSTwaRg4CVgBwQmRVlbZ6syW4LEF2TJz9nlLyA5kOkDfe6Qs3ZlkyAnY9l1qSA?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

### 2. Custodial Wallets (Generated for Google or Telegram Accounts):

* When signing up via Google or Telegram, a unique custodial wallet is created for your account.
* Supported deposit networks and coins:
  * **USDT (BEP20 and TRC20)**
  * **Tron (TRC20)**
  * **BNB (BEP20)**
* Deposits under **10 USDT** are not allowed.
* Deposits are credited after **2 network confirmations.**
* Deposit via the **generated wallet address or QR code.**

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfMdkrKwMchSAvuRSwDoyQ-j9AnYBXL3XbhXIdkREbFK10W1-iEj_l2F7FB-O5Pcx8_6fP7Z1xh4hTmumXWEvdxkhiBDsNP_ORW3e-G2gE0x_fprajWLtvDTxbYybA_8MLQLj2d?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

> ### **Important Notes**
>
> * Ensure you have sufficient **USDT (BEP20)** for trading and **BNB (BEP20)** for fees if using **Web3 or binary options.**
> * **Gasless mode** does **not** require **BNB to pay transaction fees.**
> * For smooth and seamless trading, Prebit supports multiple wallet types and networks.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfai6dM5pCdCwaCqAYwGiFYhHF4Uwa2onBcRHh9DQH_L_euV4Cg7Ls9Vy5zjhULirifDG1tY2aHEabdJSUA7b-D3oujtKgOJmpa-ySENOC-fRlemZC5fL40uG53FjMx3_XvKie3xQ?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

***

<br>


# Product Overview

## **Trading Features**

### Gasless Mode

Prebit’s Gasless Mode allows you to trade without paying network fees in BNB (BEP20). You only need USDT (BEP20) in your connected wallet or custody wallet to start trading.

* How it works
  * If signed in via Gmail, Telegram, or connected wallet, ensure your wallet has USDT (BEP20).
  * If your wallet balance is low, you can deposit:
    * **USDT (BEP20 and TRC20)**
    * **TRON (TRC20)**
    * **BNB (BEP20)**
  * Deposits must be made to the correct wallet address and matching chain (e.g., BEP20 for BSC).

***

### Web3 Mode

In Web3 mode, trading requires a connected EVM-compatible wallet (e.g., MetaMask, Trust Wallet). Unlike Gasless Mode, you need BNB (BEP20) to cover network fees.

* How it works
  * Connect your wallet and sign in.
  * Each trade will require a BNB transaction for fee payment.
  * Depositing coins like TRON or BNB will automatically convert their value into USDT in your wallet for trading.


# Binary Option Trading

Up & Down Binary Trading on Prebit

{% hint style="info" %}
Prebit offers an exciting Up & Down binary trading feature, allowing users to predict whether Bitcoin’s price will move up or down relative to its opening price during a 5-minute event. If your prediction is correct, your margin is doubled (2x). However, incorrect predictions result in no payout.
{% endhint %}

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe41_tzKiEGHpCmlk-XD-m6vXC8RTPClchB0LFt_EaDUo6E8Y_gnz-RUzN-R70Qu9mhXrl6E6T4veXWTojOXepJ-GNn_vK85QoRtXXlSB2jaUktyJ_7r7-byYbutNCZn9wwbXm1?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

### **How It Works:**

* **Event Duration**: Each event lasts 5 minutes.
* **Prediction**: Predict if Bitcoin’s price will move up or down from the event's opening price.
* **Rewards:**
  * **Correct Prediction**: Your margin is doubled (2x).
  * **The maximum reward pool** per event is $2,000, distributed among participants with correct predictions.&#x20;
* **Prebit’s Commission**: Prebit charges 9% of the prize pool, and half of this fee is redistributed among the winners.
* **Margin Requirement**:
  * Minimum margin to participate: $1.
  * Margins can vary based on your preference.

***

> ### **Key Details:**
>
> * **Transaction Fee**:
>   * You’ll need to sign a transaction with your wallet.
>   * A small BNB fee (usually less than $0.50) is required to cover Binance Smart Chain (BSC) network costs.
> * **Price Mechanics:**
>   * Locked Price: The starting price of the event.
>   * Last Price: The current market price, showing how much the price has moved up or down during the event.
>   * Closing Price: The final price at the end of the event, which becomes the opening price for the next event.
> * **Why Choose Prebit for Binary Trading?**
>   * Easy-to-understand mechanics with high reward potential.
>   * Seamless transactions with minimal fees.
>   * Transparent pricing and fair distribution of rewards.
>   * Participate with as little as $1 and compete for a share of up to $2,000 per event.


# Perpetual Trading Overview

### **Left Panel (Chart):**

* View Prebit’s integrated TradingView chart, which provides real-time market data and trading volume insights.
* Enjoy free, unlimited access to TradingView features exclusively on Prebit.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfENDiAc18FN5mQc4QskHgPDVVCn0GRoGKT7cYwLzaRVpGy1UJteVu4-kVllbayLUmX8_ipBwN_rOf3aWxmrPWTmbHeJnux9o6avXOL0QvAoSBMsmNb9rtiXrg4Fod9eDOvWBNLLQ?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

***

### **Right Panel (Trading Panel):**

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc3WYvEcYBkbA7Pu0nV6ehWu1ZBysZWK_WNL3D8WwDDNQ36bBYf8HR5IFYzkiQBWVV6OCy7TSM93n0kQbZwTAkorR3534Mzc2YZC7-mpjj2PVvrrv-BCoyA8PyvrjRUr9Ajfx4Q1w?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

1. **Choose Position:**

* Select Long (Buy) if you expect the price to rise.
* Select Short (Sell) if you expect the price to fall.

2. **Order Type:**

* Market Order: Executes instantly at the current market price. Use this for quick trades.
* Limit Order: Executes only when the market reaches the specific price you set. Use this to buy/sell at a preferred price.

3. **Margin Amount:**

* The amount of funds you allocate for a trade.
* Minimum margin is $10. Higher margins increase your potential profits or losses.

4. **Leverage:**

* Leverage amplifies your buying power by borrowing funds.
* For example, with 100x leverage, a $10 margin gives you $1,000 in trading power.
* Usage: Leverage can increase both profits and risks; use it carefully.

5. **Stop Loss (SL):**

* A feature to minimize losses by automatically closing your position if the market moves against you.
* Example: If you set an SL at 10% below your entry price, your trade will close if the price drops to that level.

6. **Take Profit (TP):**

* A feature to secure profits by automatically closing your position when the market hits a target price.
* Example: If you set a TP at 20% above your entry price, your trade will close when the price reaches that level.

***

{% hint style="info" %}

#### Market Price and Limit Order Details

* **Market Price**: Live price of the selected asset.
* **Limit Order**: Set a price for the order, which triggers when the market reaches your chosen price.
* **Spread Only 0.01%**, ensuring stable and competitive trading conditions.

**Key Details:**

* Buy Slippage: 1%.
* Liquidation Price: -90% of the initial margin.
* Liquidity Fee: Zero on Prebit.
  {% endhint %}

***

### Bottom Section (Trading Tabs):

1. **Positions Tab:**

* **View your live positions, including:**<br>

  * PNL (Profit & Loss)
  * Initial Margin
  * Size (in USDT)
  * Entry Price
  * Market Price
  * Liquidation Price
  * TP/SL (editable anytime)

* **Editing TP/SL:**
  * TP can exceed 500%, and SL should be below -90%.
  * No fees for editing TP/SL.

* **Close Button:**
  * Close your position with zero closing fees—fees apply only for opening trades.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfYmiI7RILKhgvbtO9IQYFxxyYMV9q9rRRqrCgSF4TS5qvqrE25nhRaZxYhVdvWneAEwyKfhCMiGdT0lUD9kkrXsHH8rYU-KTdlSTJCGj-f7ene8_pv2s1bhvvJBxVThPYVIs6qdg?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfcUZR_LsMt9WAwqnaI-45zib966QyPzGVR2Dr_vT2r-jPseYWqE7ivfAk8p7XeWI79R6MiKVuAJ9jy2EFiL-R-VjQxg1BWV1YxrRECycViq0Wp2hzenEDQXFxPApAkHEd-rbUV?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe3VIvyBQ8yq3Zoiw50nws2YTPb0QV9OHxRVGIUR9CI7L8AjtdoO0lCgRMHYXCBmedft1p6ZjKP5OJtVBc-ZrLZJZDydH_drK5bZ02vroL1xHkrLzIb8wD4iNZeELDjxHpzJac?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<br>


# LeaderBoard

### Track Your Performance

The Prebit leaderboard showcases the top-performing traders, highlighting their trading volume and wallet addresses for both weekly and monthly periods.<br>

### Rewards and Rankings

Prebit frequently launches exciting leaderboard campaigns with generous prize pools, such as $10,000 USDT, $30,000 USDT, or even more. These rewards are distributed among the top traders each month, offering you the opportunity to earn additional USDT rewards alongside your trading activities.<br>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdHJBy1x6VGuIF7QIY0YWTUuJJrJ_xHt79MZiHSMGfhe24uVTCDgMBRinr9wwPu5QtqhelzwxzYjpSg7TDQThFHBBB_v22VGZWuEvNMTQTzhS-ZxFvUYdYBsCrcWgxqFwq8wnl9Eg?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

<br>


# Custody Of Funds

### Custody of Your Funds on Prebit

At Prebit, you maintain full control of your funds, whether you connect your wallet or sign up via Google or Telegram.

* **Flexibility**: You can deposit or withdraw funds anytime, without any limits.
* **Low Fees:** Withdrawals are hassle-free with a minimal fee of just $0.50.

Prebit is currently developing its own blockchain network, which will enable true decentralization. Once launched, users with custodial wallets on Prebit will be able to extract their private keys, providing them with full control over their funds and assets. This ensures that every user has complete autonomy over their holdings, reinforcing security and transparency.

This, combined with proof of reserves, highlights Prebit's commitment to delivering unparalleled transparency and the highest standards of user control.

In Prebit, your funds are always secure, accessible, and under your control.


# Prebit's Fee Structure

Prebit offers one of the most competitive fee structures in the decentralized trading space, designed to minimize costs for traders while maintaining transparency and efficiency.

### **Key Fee Details:**

1. **Minimum Fee:**

* Each trade incurs a minimum fee of $0.30, ensuring affordability for all trading volumes.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If you execute a trade worth $10, the fee will still be $0.30 (the minimum fee).</mark>

2. **Maker Fee:**

* A low 0.02% fee is charged for orders that provide liquidity to the market (maker orders).
* <mark style="background-color:orange;">Example: For a $1,000 limit order, the maker fee is $1,000 × 0.02% = $0.20.</mark>

3. **Taker Fee:**

* A 0.04% fee is applied for orders that remove liquidity from the market (taker orders).
* <mark style="background-color:orange;">**Example**</mark><mark style="background-color:orange;">: For a $2,000 market order, the taker fee is $2,000 × 0.04% = $0.80.</mark>

4. #### **Leverage-Based Fee Calculation (No Cap)**

   Prebit calculates trading fees based on **position size**, without a leverage cap. This means fees are determined by:

   <mark style="background-color:blue;">**Position Size = Initial Margin × Leverage**</mark><br>

   **Example Calculation**

   If you trade with **$10 initial margin** and **1000x leverage**, your position size will be:\
   **$10 × 1000 = $10,000 USDT**<br>

   Now, fees are applied based on your **order type:**

   <mark style="background-color:orange;">✔</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">**Maker Fee (0.02%)**</mark>\
   **$10,000 × 0.02% = $2 USDT**

   <mark style="background-color:orange;">✔</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">**Taker Fee (0.04%)**</mark>\
   **$10,000 × 0.04% = $4 USDT**

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXctQzULGA7hYDrLFzwlpGzGPNBxywvmP8n7EffNIMnruR5FYJ1Goy3bQWCGTgz3a40RxpmWfq_qFpnCe7zdmEi2Ub3eTlWrkxbGrcbVCghGT7_LqWZUUyY0S3bmZDqQi6l5eAU5OA?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

### **Zero Fees on Key Actions:**

1. **Liquidation Fee:**

* No additional fees are charged if your position gets liquidated.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If your position is liquidated due to market conditions, you are not charged any extra fee.</mark>

2. **Closing Position Fee:**

* Closing your positions is completely free, unlike many other exchanges.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">When you manually close a $1,000 position, there’s no fee applied.</mark>

3. **Funding Fee:**

* Prebit does not charge funding fees for holding positions, a significant advantage over other platforms.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If you hold a leveraged position for several hours or days, no extra fees are deducted.</mark>

> ### Why Choose Prebit for Low-Cost Trading?
>
> With minimal fees, no hidden charges, and free essential actions like closing positions and avoiding funding fees, Prebit ensures that traders maximize their profits while enjoying a seamless trading experience. This fee structure positions Prebit as one of the most cost-efficient DEXs in the market.


# Prebit's Support Staff

For any issues, including reporting bugs or contacting the Prebit support team, we’ve made it easy for you to get assistance:

* **Live Support**: Click on the Live Support option at the top-right corner of the platform to directly message our support team. They’ll assist you promptly with any concerns.
* **Telegram/Discord Community Staff**: Reach out to our moderators in the Prebit community for additional help.

**Official Link:**

* Prebit’s Official Community: <https://t.me/prebit_official_community>

* Prebit’s Official Announcements Channel: <https://t.me/prebit>

* Prebit’s Official Discord server: <https://discord.gg/WYfgub3BKZ>

* **Email Support:** You can also email us at <support@prebit.io>, and our team will respond as quickly as possible.

Prebit’s support team is committed to resolving your issues efficiently and ensuring a smooth trading experience.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfLbpZthPsE_Sfg0aK5YyVyEtwl7mQ6mwayTv4r6J6QmZanptV-1XGcvj2BBQdAtmdLkaJU0alU1taVdsXXfWwq1BQQ9U5EXdBEf46V4DCd_kEW3kGQUvb82C12qSqoLCkFIYJlDA?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

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# Associates

We have formed **associations** and engaged in **cooperation** with leading companies in Web3, decentralized trading, and the broader DEX industry to deliver cutting-edge solutions.

Collaborations with [**Chainlink**](https://chain.link/)**,** [**Binance Smart Chain**](https://www.bnbchain.org/en)**,** [**BSC Scan**](https://bscscan.com/)**,** [**QuickNode**](https://www.quicknode.com/)**,** [**The Graph**](https://thegraph.com/)**,** [**WalletConnect**](https://walletconnect.network/), and[ **TradingView**](https://www.tradingview.com/) have significantly enhanced our ecosystem, driving innovation and improving the overall user experience.

<figure><img src="/files/5BWEvl3KBGrlkCTINVyu" alt=""><figcaption></figcaption></figure>


# FAQ | Prebit DEX

1. **What is Prebit Decentralized Exchange?**\
   Prebit is a decentralized exchange built on the Binance Smart Chain (BSC). It offers gasless, KYC-free trading with up to 1001x leverage, supporting both spot and futures markets. Prebit also features innovative options like binary trading and a competitive fee structure, making it a standout platform in the decentralized trading space.

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2. **How do I create an account on Prebit?**\
   You can sign up on Prebit using three methods:

* Connect Wallet: Use an EVM-compatible wallet like MetaMask or Trust Wallet.
* Google Account: Log in with your Google account.
* Telegram Account: Connect your Telegram account for quick access.

3. **What networks and assets are supported on Prebit?**\
   Prebit supports Binance Smart Chain (BEP20) for trading and deposits, with USDT, BNB, and TRON as the primary assets for transactions.

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4. **What is Gasless Mode on Prebit?**\
   Gasless Mode allows users to trade without paying network fees (BNB). Trades are conducted using only USDT, making trading more affordable and accessible.

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5. **What are Prebit’s fees for trading?**

* Maker Fee: 0.02%
* Taker Fee: 0.04%
* Minimum Fee: $0.30 per trade
* Zero Fees: No fees for liquidation, closing positions, or funding.

6. **What is the Up & Down binary trading feature?**\
   Up & Down trading lets users predict whether Bitcoin’s price will go up or down within a 5-minute event. Correct predictions double your margin, while incorrect ones forfeit it. Each event has a prize pool of up to $2,000.

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7. **How does leverage work on Prebit?**\
   Leverage amplifies your trading power by borrowing funds. Prebit supports up to 1001x leverage, but fees are capped at 200x to maintain cost-effectiveness.

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8. **What are the withdrawal policies on Prebit?**\
   Withdrawals are allowed at any time without limits and with a minimal fee of $0.50. Custodial wallet users can withdraw assets directly or transfer them externally.

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9. **How does Prebit ensure fund security?**\
   Prebit offers full control of funds, supports custodial and non-custodial wallets, and is developing its own blockchain network. Once launched, users will be able to extract their private keys for complete control over their assets.

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfUcuUWJwGUM_JYa14fmFxYonBrgbUo3_Ml6ya1_ICrx8fMxyAzB1F3rZOh-mQRc70q6pBZ5rIwqWaJLW3juEknxMVV_JWNLl-7wp5dJuak1Ar1rHLjH6lLrOO0ATD-3FELgdAF?key=f7qYzK3N8JcRG9dnV6RA2p5R" alt=""><figcaption></figcaption></figure>

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