> For the complete documentation index, see [llms.txt](https://docs.jetbit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jetbit.com/welcome-to-jetbit.md). # Welcome to JetBit Jetbit is a perpetual futures exchange on BNB Smart Chain. You trade crypto, gold, and forex with leverage, straight from your own wallet. There is no signup, no email, and no account approval. You connect a wallet, deposit USDT, and trade. What makes Jetbit different from a normal exchange is what sits on the other side of your trade. There is no order book and no market maker. Every position you open is filled by a single on-chain liquidity pool, and that pool is the counterparty to every trade on the platform. Prices come from an oracle, not from matching buyers and sellers. That design leads to the two ways people use Jetbit. ## If you want to trade You take leveraged long or short positions on any market. Your funds stay in a vault that only you control, and trading runs in a fast off-chain engine, so you are not paying gas on every action. ## If you want to earn You can be the house. By staking USDT into the liquidity pool, you become the counterparty to traders and earn the house edge, which is trader losses plus the trading fees that flow into the pool. This carries real risk, since the pool also pays out when traders win. The [Liquidity pool](/the-liquidity-pool.md#being-the-house) page explains how it works. ## How your money is held Jetbit keeps two things separate. Your real USDT sits on-chain in a vault and in the pool, where anyone can check the balances on BscScan. Trading happens in an off-chain engine for speed. Deposits, withdrawals, and settlement are the moments where the two line up, so your tradeable balance can never be larger than the USDT actually held for you. You can also open a managed account if you would rather not handle a wallet yourself. That mode trades some custody for convenience. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.jetbit.com/welcome-to-jetbit.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.