# Prebit

> Decentralized trading, redefined.

Prebit lets users trade cryptocurrencies on a decentralized platform with high leverage, low fees, and gasless options.

Prebit is a decentralized exchange for cryptocurrency trading. Users get high leverage, low fees, gasless transactions, TradingView charts, and multiple wallet sign-in options.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-08-01
- Profile: https://thegrid.id/profiles/prebit

## Products

- [Prebit Perpetual Trading](https://thegrid.id/profiles/prebit): Prebit Perpetual Trading is a decentralized derivatives trading platform offering leveraged perpetual contracts with high leverage. The platform provides gasless trading options, advanced order types including market and limit orders, and supports long and short positions. Features include customizable stop-loss and take-profit mechanisms, real-time charting integration, and a competitive fee structure with 0.02% maker fees and 0.04% taker fees. (Derivatives , Live, Main Product)
- [Up or Down](https://thegrid.id/profiles/prebit): Up or Down is a binary options trading product enabling users to predict short-term price movements through timed prediction events. Each event runs for 5 minutes with 2x payouts for correct predictions. Users can participate in concurrent events with varying prize pools, combining price prediction with binary outcome trading. (Prediction Markets, Live)

## Links

- [Main](https://www.prebit.io)
- [Documentation](https://docs.prebit.io)
- [Twitter / X](https://x.com/prebit_io)
- [Discord](https://discord.gg/WYfgub3BKZ)
- [Telegram](https://t.me/prebit_official_community)
- [Facebook](https://facebook.com/prebit.io)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP