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.

Connect Wallet:

Install an EVM-Compatible Wallet

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

How to Access Prebit

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.

• 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.

Telegram Account:

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.

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).

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.

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.

Mission

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

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.

Track Your Performance

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

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.

Step 1: Visit Prebit

• 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:

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.

• 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.

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

Google Account:

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.

Right Panel (Trading Panel):

1. Choose Position:

• Select Long (Buy) if you expect the price to rise.

• Select Short (Sell) if you expect the price to fall.

1. 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.

1. Margin Amount:

• The amount of funds you allocate for a trade.

• Minimum margin is $10. Higher margins increase your potential profits or losses.

1. 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.

1. 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.

1. 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.

Bottom Section (Trading Tabs):

1. Positions Tab:

• View your live positions, including:

  • 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.

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.

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.

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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

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.

Key Fee Details:

1. Minimum Fee:

• Each trade incurs a minimum fee of $0.30, ensuring affordability for all trading volumes.

• Example: If you execute a trade worth $10, the fee will still be $0.30 (the minimum fee).

1. Maker Fee:

• A low 0.02% fee is charged for orders that provide liquidity to the market (maker orders).

• Example: For a $1,000 limit order, the maker fee is $1,000 × 0.02% = $0.20.

1. Taker Fee:

• A 0.04% fee is applied for orders that remove liquidity from the market (taker orders).

• Example: For a $2,000 market order, the taker fee is $2,000 × 0.04% = $0.80.

1. Leverage-Based Fee Calculation (No Cap)

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

   Position Size = Initial Margin × Leverage

   Example Calculation

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

   Now, fees are applied based on your order type:

   ✔ Maker Fee (0.02%) $10,000 × 0.02% = $2 USDT

   ✔ Taker Fee (0.04%) $10,000 × 0.04% = $4 USDT

Zero Fees on Key Actions:

1. Liquidation Fee:

• No additional fees are charged if your position gets liquidated.

• Example: If your position is liquidated due to market conditions, you are not charged any extra fee.

1. Closing Position Fee:

• Closing your positions is completely free, unlike many other exchanges.

• Example: When you manually close a $1,000 position, there’s no fee applied.

1. Funding Fee:

• Prebit does not charge funding fees for holding positions, a significant advantage over other platforms.

• Example: If you hold a leveraged position for several hours or days, no extra fees are deducted.

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.