# Welcome to BitSwap

https\://bitswap.site/home

BitSwap Protocol is the first cross-chain swap for BRC20 and Bitcoin Ecosystem, offering a seamless trading experience for BRC20 assets across diverse blockchains.

As the premier liquidity hub for the Bitcoin ecosystem, we enable effortless and secure cross-chain transactions through collaboration with Multibit Bridge and DAII stablecoin. Our platform is dedicated to providing multi-chain users with easy access to the vast Bitcoin ecosystem, enhancing their trading journey with unparalleled convenience and efficiency.

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# Introduction

BitSwap is an innovative cross-chain decentralized exchange in the Bitcoin ecosystem, providing a seamless trading experience for BRC20 assets across multiple chains. We are driven by a bold vision: to bring decentralized finance (DeFi) into the realm of the Bitcoin ecosystem, unlocking its boundless potential.

#### **Bringing Convenience, Speed, and Low Fees to the Bitcoin Ecosystem:**

The Bitcoin network, affected by low transactions per second (TPS) and high gas fees, subjects users to waiting times of several minutes or even hours, along with gas fees higher than those on Ethereum. The Bitcoin ecosystem requires more infrastructure, and BitSwap aims to address this challenge. We will collaborate with Multibit (Bridge) to create additional trading scenarios for assets within the Bitcoin ecosystem. Users in the Bitcoin ecosystem can expect an enhanced interaction experience—fast, low-fee—and we aim to bring more users from diverse chains into the Bitcoin ecosystem. Envision a future where the Bitcoin ecosystem, often overlooked and undervalued, becomes the catalyst for a thriving DeFi ecosystem. Let's build together!

#### **Bitcoin Layer2:**

BitSwap not only serves muti-chains but also extends its services to the upcoming Bitcoin Layer2s. Bitcoin stands as the pioneer, symbolizing the decentralized ethos that underpins the entire industry. We believe that a Bitcoin-based Layer2s will be secure, fair, and aligned with the spirit of blockchain technology. BitSwap is poised to provide an efficient AMM DEX experience for the forthcoming Layer2s.

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# Vision

As the premier liquidity hub for the Bitcoin ecosystem, we enable effortless and secure cross-chain transactions through collaboration with Multibit Bridge and DAII stablecoin. Our platform is dedicated to providing multi-chain users with easy access to the vast Bitcoin ecosystem, enhancing their trading journey with unparalleled convenience and efficiency.

In the current Bitcoin ecosystem, we roughly categorize assets into inscriptions and NFTs. For the Scroll market, users must accept a peer-to-peer trading model. If a user wants to trade inscriptions, they are limited by the amount of inscriptions available in the maker's order. Buying a substantial amount of inscriptions may require multiple transactions to ensure the desired amount, leading to increased gas fees. In some cases, users might even lose out on transactions due to others getting ahead, resulting in unnecessary gas fee losses. When users want to buy a small number of inscriptions, they often have to choose higher-priced orders, leading to high slippage.

BitSwap solves this challenge by introducing an innovative cross-chain decentralized exchange that utilizes a unique and efficient AMM mechanism. This solution not only tackles the mentioned issues in the inscription market but also provides more use cases for stablecoins in the Bitcoin ecosystem, enriching the financial attributes of Bitcoin ecosystem assets.

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# Protocol

The BitSwap Protocol emerges as a pioneering force in the realm of cross-chain swaps, primarily focusing on BRC20 and the expansive Bitcoin ecosystem. This innovative platform is engineered to deliver a frictionless trading experience, allowing users to seamlessly transact BRC20 assets across a diverse array of blockchains.

**Key Features of BitSwap Protocol:**

1. **Cross-Chain Swap Functionality:** At its core, BitSwap is designed to facilitate efficient cross-chain swaps between BRC20 assets and other blockchain networks. This feature addresses the growing demand for interoperability within the blockchain space, ensuring that users can effortlessly navigate across different ecosystems without the need for multiple intermediaries.
2. **Premier Liquidity Hub:** BitSwap stands as the foremost liquidity hub within the Bitcoin ecosystem. The platform’s primary objective is to streamline cross-chain transactions. This is achieved through strategic partnerships with entities like Multibit Bridge and DAII stablecoin, which collectively work to enhance liquidity and provide stability in the trading environment.
3. **Enhanced Access to the Bitcoin Ecosystem:** BitSwap's platform is meticulously crafted to grant multi-chain users straightforward access to the Bitcoin ecosystem. This initiative significantly enriches the trading journey of users, offering them unparalleled convenience and efficiency in managing their digital asset portfolios.
4. **Secure and User-Friendly Interface:** Security and ease of use are paramount in the design of BitSwap. The platform ensures that even users new to the crypto space can navigate and execute trades with confidence, backed by robust security protocols that safeguard their assets and data.
5. **Integration with the Bounce Ecosystem:** In a strategic move to bolster BRC20 asset capital utilization, BitSwap will leverage its association with the Bounce ecosystem. Serving as the Bounce liquidity hub, BitSwap aims to amplify liquidity and foster a more vibrant trading environment. This integration not only expands BitSwap's capabilities but also enriches the Bounce ecosystem with a wider range of assets and increased participant engagement. As the eco partner, both BitSwap and NFT AMM Marketplace - Ladder both commit to buy back Bounce $Auction with the 50% of the future transaction fees. &#x20;
6. **Future-Proof Architecture:** Recognizing the rapidly evolving nature of blockchain technology, BitSwap is built with a future-proof architecture. This enables the platform to adapt to new blockchain innovations, integrate upcoming asset classes, and scale its operations to meet the growing demands of the market.

The BitSwap Protocol is more than just a cross-chain swap platform; it's a comprehensive solution tailored to the needs of the modern trader within the Bitcoin ecosystem. By prioritizing user experience, security, and seamless interoperability, BitSwap is poised to redefine the landscape of digital asset trading. As the platform evolves, it remains committed to its vision of bridging the gaps between diverse blockchains, enhancing liquidity, and empowering users with efficient and secure trading tools.


# Product design

By integrating with Multibit and BitStable, BitSwap could support cross-chain swap in three steps:

1. ERC20 <–> DAII: users can swap any ERC20 token (ETH/USDT/etc..) to DAII on BitSwap. DAII is the first and largest original stablecoin in Bitcoin Ecosystem and BitSwap provides the best liquidity for DAII among multi-chains.
2. DAII <-> bridged BRC20: BitSwap introduces DAII As A Service (DAAS) and fosters enhanced liquidity pairing DAII with other BRC20 assets. Users can swap DAII with any bridged BRC20 tokens on BitSwap.&#x20;
3. Bridged BRC20 <–> BRC20: BitSwap integrates Multibit bridge’s innovation and enables users to transfer bridged BRC20 to Bitcoin seamlessly.

Bitcoin will provide full access and functionalities for the three steps above, and will integrate three steps into one-click trading in the near future.

<figure><img src="https://2422120661-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqBSGBTYaRIdUxWMB9eps%2Fuploads%2F9xsy2MuJzfI7gzc18xlk%2FMultibit.jpg?alt=media&amp;token=b9ab054b-9f10-421e-89d6-1fac96c75564" alt=""><figcaption></figcaption></figure>

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# Advantages

* **Cross-chain trading between Bitcoin and multi-chains**

BitSwap enables effortless trading of BRC20 assets across multiple blockchains. Experience seamless cross-chain transactions, unlocking the full potential of the Bitcoin ecosystem.

* **Liquidity hub for Bitcoin Layer2s**

Based on Bitcoin Layer2s, BitSwap acts as the liquidity center of Bitcoin and Bounce ecosystem, providing high efficiency AMM and on-chain Orderbook for Bitcoin assets.

* **Provide DAII As A Service and additional incentives**

BitSwap introduces DAII as a Service (DAAS), fostering enhanced liquidity for Bitcoin assets. Our platform is at the forefront of liquidity innovation in the crypto space.<br>


# Tokenomics

* **Total supply:** 2.1 Billion
* **ticker:** AMMX
* **public sale:** 50% of Total Supply on Bounce Finance
  * Total Raise Through Token Launch: $450k DAII + $450k value of $AUCTION + $100k value of $MUBI
* **Fully Diluted Valuation(FDV):** $2,000,000
* **Team:** 5% (locked for 6 months and linear vesting for 15 months)
* **Airdrop:** 1.5%
* **LP:** 7%
  * 3.5% in Uniswap V3, AMMX-ETH
  * 3.5% in BitSwap, AMMX-DAII
* **Liquidity Mining:** 36.5%, 0.1% daily for 365 days will be distributed daily dependent on weights. AMMX can be used to boost the weight farming rate.
  * AMMX-DAII
  * AUCTION-DAII
  * USDT-DAII
  * BSSB-DAII
  * MUBI-DAII

\*50% of transaction fees to buyback $AMMX, which will be locked for future incentives or burns,  bolstering our ecosystem


# Roadmap

**2023**

* **Q4:**&#x50;roduct launch and Token Generation Event (TGE)

**2024**

* **Q1:**&#x43;ross-chain swap and One-click BRC20 mint/buy function goes live and liquidity mining starts
* **Q2:**&#x4F;n-chain orderbook spot trading system built on Bitcoin layer2s supporting Bounce Box
* **Q3:**&#x55;nified account gasless solution embedded with Bitcoin wallet goes live
* **Q4:**&#x43;ross-chain perp trading platform with shared liquidity of DAII launch

**2025**

* DAO governance and fully decentralization


# Social Media

You can stay updated with the latest information by following the channels listed below:

Website: [bitswap.site/home](https://t.co/ho0UrDJORs)

X(Twitter): [https://twitter.com/Bitswap\_](https://twitter.com/Bitswap_BTC)[xyz](https://twitter.com/BitSwap_xyz)

Telegram Group: <https://t.me/BitSwap_BTC>


# Tutorial

BitSwap is the first cross-chain swap for Bitcoin Ecosystem. The tutorial is available to assist users in navigating BitSwap, covering the processes of swapping, adding liquidity, and initializing the pool. Let's delve into the Bitcoin ecosystem and embark on a rewarding journey. Enjoy the exploration!

### **Before we begin:**

1. You’ll need a crypto wallet, for example MetaMask
2. Ensure your wallet is configured to use Ethereum
3. Prepare some ETH for gas fee


# How To Use Swap?

Now you are ready to perform the swap on BitSwap.

1. Navigate to the BitSwap homepage and connect your wallet.

   <figure><img src="https://lh7-us.googleusercontent.com/0KKF7LWyGGYgOsuaMW-ljUfRfNaBFW-R-TeuU7TqR5oXleGKu_MgHJxX02qkoesYbSK3C4dzlTWE8LQ2Iwu54teHVvgJSRyMLkg5nMF7rLfEU0ccozIfr1ECqixWBdp4k9iPoY3CQSjTfuEInHHpFgU" alt=""><figcaption></figcaption></figure>
2. Now, select the pair you would like to exchange (using ETH-DAII as sample)

   <figure><img src="https://lh7-us.googleusercontent.com/vfu60nFdiXP9g7ZUQkggfDRDagXhGBwlrcnI5SNwpM1n6DKG5ZGI42GHGpTPVnKAFGEw9xINrBDM-PoQ57yMyI1dkD-50cITB8WMFnXT7-2KURq2inb6qf5vdc9jTjylhLfJ75IZUWI7Rd5Q3iD6Qcs" alt=""><figcaption></figcaption></figure>
3. You can now input the amount.                                                 &#x20;

   <figure><img src="https://lh7-us.googleusercontent.com/H-8C9hvPBK5W2ew-ipeq7hHoDm2R4DTlK2ztIphAD67gbmrZD436yUAxIEeAJotBTAQm6ZtXCRacqLHTP5MsokTOR_Wulgxl06zEOd0j8st6XcPKyVZIvrA2PKiarB9E9deJwXsf93Nk-OOw3pAf4_w" alt=""><figcaption></figcaption></figure>
4. Click the ⬇️ icon to review the transaction details.           &#x20;

   <figure><img src="https://lh7-us.googleusercontent.com/o8sDDO42zTFD7stmt1Q6E1SofByK6ia5RznX3gsQcPGGOauNzbQf7JzWiu1VOJXEMU2EqiQ933BaPxaKg6HDWso-Tcz6-s0VY_eg5Morx2Yhr5YJc35toeQpbEqyfaWD-nuVbSTP6RFQtTJbeCpyTyA" alt=""><figcaption></figcaption></figure>
5. Confirm the details and click on Swap.  &#x20;

   <figure><img src="https://lh7-us.googleusercontent.com/0n-KK1rrxjS7ZaQZU-Z1hE4ap2xHaG18qtxKm5pZDHGmpXj7AJE_BCWSRdykQhfnx9KvguCt9ToaFnfv2nkyhJuETPW8XpP1xiFAo5D-NZsu3UxVNEDSs96Yq-PVgYocpR3EsxxagjyvH4GRjdh2HWw" alt=""><figcaption></figcaption></figure>
6. After all the steps, your transaction will be confirmed within a few seconds.&#x20;

   <figure><img src="https://lh7-us.googleusercontent.com/EQtQlvBg8Wt-ckw5MBr7K8avqDtIbDk-9xdDMJzh-BVPAXs1CNfRxUXUeEhGx2vdk8GnIB7qQR668iMdqVp4-xQ4m_RbZfA-YivIhdpKAPOF4gZY0ZZpYzzHG2YBEVSJmQS2J5uBSsGoq8_qBqjJKDg" alt=""><figcaption></figcaption></figure>


# How To Add Liquidity?

1. Switch to the “Liquidity” feature.

   <figure><img src="https://lh7-us.googleusercontent.com/tcjZzxtkHSNqpkERdTyU8CrfxpgMWbtVyjNw1-_llO54FNF6YTF_F6Cfgwvuqgo8Q80yTL-Uxj0XST3y97QSCVCvdm8vYTBOCrzm1HsEd_esrivE5AsRJCI21S1mBgDec5NBPV_Tmkes3qaAej51FWM" alt=""><figcaption></figcaption></figure>
2. Choose the “Add Liquidity +” button.

   <figure><img src="https://lh7-us.googleusercontent.com/Q1_Sa-jl0xmVZRWMLjhbPJLKzsN4H50A78XpH9fwjrjwnfl1BLJEAKgxjEP5SCCi8IMJZ5lEOCbRtQmSbC3GhabK9srWfAn7n1RjgCrKV67wvAC_56csQoe-mv4JztoAv-9fsw_L7LS62Y5zRC35Tl4" alt=""><figcaption></figcaption></figure>
3. Select the pair of which you want to provide liquidity and choose the fee tier as you want.

   <figure><img src="https://lh7-us.googleusercontent.com/FacjRTp71CrxGd5Z1dMqOYCeOFT7xtTpqW6aW7ZAssFCYJuw8VYU-8WFJVdzcAMbQOBvF57F4t0ut4iZqUZmP7FffNOEm8PRRBFmHPZ4X12qDe_G_j9uXSv6BW7WLpnJ3BVnEmgayO85Dj3nQZy2lmk" alt=""><figcaption></figcaption></figure>
4. Enter the amount of tokens you wish to provide. Here, you can examine the current token exchange rate to decide which price range you'd like to choose.

   <figure><img src="https://lh7-us.googleusercontent.com/RHSMTsXtPB9FE6LZNbZt-OgnQRoylYE8SgvAEpPLSot4vYVJad7VtC2ePw4lWeXC5p92hzJtsipaS4E4T15_szACA0T_vZPi3OI6HSIX9byApdSRgh9duEKah-K4NU9ISQajKSANMSahQmCU0aTBczs" alt=""><figcaption></figcaption></figure>
5. Approve USDT and DAII, then click on Create.

   <figure><img src="https://lh7-us.googleusercontent.com/Dj897iGvufc2oOm-p2pqhYQi0Q87DWFCmLzdTAFEBZyZ2tLlOYjZTQG2Y7bdFKwwPVvNUcR79WNsHqqT_n5lNSZcOidW3vUk7Q7-l58qkzPdyZvmY-T4heT0HQo9H9OFbJ5HF-WiSQ6bWISuoT3ZNCI" alt=""><figcaption></figcaption></figure>


# How To Initialize The Pool?

1. If you intend to create a new pool on BitSwap, you need to initialize the pool first and set the starting price.(Note: Gas fees will be higher than usual!)

   <figure><img src="https://lh7-us.googleusercontent.com/yQCiUxamyS9plKqNtwsu_kwIr70rIPbkH36oY-m5mXx8bw1oryo9l9iSHkxAnTNDkpUrBw-Nl25vOB9qa6fgpTH8gnP9kfeREDbNYk4VBkplyUQ3EnG8hFGym-HhE_fD7iP-pV_ngwK648wPHkEFkyY" alt=""><figcaption></figcaption></figure>
2. You can also input the token contract to add other tokens.

   <figure><img src="https://lh7-us.googleusercontent.com/2CgH8R1mx5_XgUrVG9BFz68VfPfrPnLEdTp_BTCDs9PIAA5m-lJROLpNpco0rnIqYGWhIpj2hJcKX6KOIw0VxNfgrgDaf7fxnPHQPRDLv_h_Vic_Tbw1yVP-MqAXo5H-oQ22krM2hmyyNSyvJVdiPUs" alt=""><figcaption></figcaption></figure>
3. To ensure your pool has sufficient liquidity for trading, we recommend adding liquidity across multiple ranges. This ensures that tokens can be traded in various price ranges, providing ample liquidity for users to swap.

* Allocate 20%-30% of the total liquidity across all price range.

  <figure><img src="https://lh7-us.googleusercontent.com/jE6LGBWcS8i8lRmqpT8CNeptPQXlOTjPomLPnHmmLIKFh_nNoS-g_kndR-USUn7nRtifVqMYQbclvfYck1LZC7sQaMLOPxauqMi7YgPGH3EbyuwlxhKVUc6ZcFLr8f8qiuirBR3lXBgtdQbQZknzBWU" alt=""><figcaption></figcaption></figure>
* Dedicate 30%-40% of the total liquidity within ±50% of the current price.

  <figure><img src="https://lh7-us.googleusercontent.com/yRHu0LWj9DO0yqVVcsOjpeIznGEV1ugAWXSUT9nt0JllfXw2_A0A1gME0wI-Kpp3YBwLBpFa4pJnm_eXiEqbefuk4XWQ427Svrrju81SLpr02bvLwiUbJITfUirjmWvSvc8TyIc8Lh77IHRS7qadG9s" alt=""><figcaption></figcaption></figure>
* Provide the remaining liquidity within ±20% of the current price.

  <figure><img src="https://lh7-us.googleusercontent.com/NyZZJMihMy-JZmnXIMH4TCnqPXo55Wx9oRoAxZtx2bh175Rfj2iHLWfaE7sH2f25YJREQTPd0nI0ZPhAEwL6H3ZMlnYGVWZInEpnBKmNk5bZQpnR6YqGpXaXURCa4ZR4Y2UA-xo3tzNmM9C2oIXmY90" alt=""><figcaption></figcaption></figure>

In addition, you can add liquidity to single side of the pool to control the price, preventing it from going too high or too low and avoiding extreme price fluctuations.&#x20;

<figure><img src="https://lh7-us.googleusercontent.com/NH_9eO1roc6RvD0XayH4rIlxC7aVzEX1SGT4M4i94l44VRwKdjGiOW9Ef_92H6dCFmEQWsxE1hak6EsyYyuADoj78Xi9mfIilX_NaxAtBgK0ezAaNpW0UIHRYnYosYZNZqmPGyis9vYMe6i8LiN9TEA" alt=""><figcaption></figcaption></figure>


# How To Farm？

1. Select the”'Farm” feature on the navigation bar. You can view all active pools and choose your favorite pool. Have a good journey and enjoy the juicy rewards!

   <figure><img src="https://lh7-us.googleusercontent.com/lbW-N-rq6PXPnJXAsfIp8K0OZxTeQNnBbT-A6L8W7x0Ao9a3sVAEgEA_5rkCpuVbTGED0yjZyetcI3OlOv0GPlPvIvLOGviAs7mg7XQpSu5ptqWshDIDKOEBNYU_t45kpZXja1_ZECqHctrBseP6xxs" alt=""><figcaption></figcaption></figure>
2. Click the ⬇️ button, and then choose “Add Liquidity.”

   <figure><img src="https://lh7-us.googleusercontent.com/2Z64HNKkHuSNZdxqcYVnrKWnMm4bYS8PH5-HChvXm285jowHUm4vcS98btMFY_U_DSuZiVsh-d1zKAT9Nfab9TwbXppeUSjeFvWodr0rln9Erpv_QuUe60XIXTc3r2UBwiHU3DeNpTBFkrSAUJAf92k" alt=""><figcaption></figcaption></figure>
3. Please check the current price and input the amount of tokens you are providing; BitSwap will automatically calculate the amount of the other token you need to provide.

   <figure><img src="https://lh7-us.googleusercontent.com/ykLlO98Z2xKOaCD9zip3jyA-kv055rOZykHk0Mo1CRYk9ESu1BOTeDDFdT8mpS9JD8mUoXREp8X5gVVn1S7mFiOrXlSrMTEidB4NlSeYJ_Fj_N3gJtJzU3vTKbFXhzSgSMPsQ3Z6PRrrchxoojtqZ-4" alt=""><figcaption></figcaption></figure>
4. Open the “Boost APR” button, and stake $AMMX to increase the APR, up to 2.5X!

   <figure><img src="https://lh7-us.googleusercontent.com/0gPHH_JP4nIvpaZrfHfbD-ftuvnRPobHCl7JLqD2OC2TP8Cor-ge5RNqvChMtvvBOqyvGXLGxgak7-NscCZpjK8WuXpzyVtSVRWmpwg0rJlE_FFUFaqxa4HK3k1ZNoLXEaxjASB1sYh6sz4UAw1fOIA" alt=""><figcaption></figcaption></figure>
5. Approve the DAII and USDT, then Add Liquidity!

   <figure><img src="https://lh7-us.googleusercontent.com/A0GrmT7mtwY-dXdGbKVfeoJuWC1LL6JEWjCl21n67pQ5JA5BnCuUeS2b4M2eMw2P77-1hSON2q3E8MrcCE6qZ1pcFNfbhD2K0XR7b3wSOnWVa7DPAJ9FdPYr9-50xy3oxVBLjrnznVUfkKM3MW-0J88" alt=""><figcaption></figcaption></figure>

   Wishing you a great journey on BitSwap and may you enjoy the juicy rewards!


# Disclaimer

BitSwap Protocol is the first cross-chain swap for BRC20 and Bitcoin Ecosystem. BitSwap is made up of free, public, open-source or source-available software including a set of smart contracts that are deployed on the Ethereum Blockchain and Bitcoin Layer2s. Your use of the BitSwap involves various risks, including, but not limited too, losses while digital assets are being supplied to the BitSwap protocol and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool. Before using the BitSwap, you should review the relevant documentation to make sure you understand how the BitSwap works.

By utilizing the Services or interacting with the Site([bitswap.site/home](https://t.co/ho0UrDJORs)) in any way, you represent and warrant that you understand the inherent risks associated with cryptographic systems and blockchain-based networks; Digital Assets, including the usage and intricacies of native Digital Assets, like ether (ETH); smart contract-based tokens, such as those that follow the Ethereum Token Standard; and systems that interact with blockchain-based networks.

BitSwap does not own or control any of the underlying software through which blockchain networks are formed. In general, the software underlying blockchain networks, including the Ethereum blockchain, is open source, such that anyone can use, copy, modify, and distribute it. By using the Services, you acknowledge and agree (a) that BitSwap is not responsible for the operation of the software and networks underlying the Services, (b) that there exists no guarantee of the functionality, security, or availability of that software and networks, and (c) that the underlying networks are subject to sudden changes in operating rules, such as those commonly referred to as “forks,” which may materially affect the Services. Blockchain networks use public/private key cryptography.

You acknowledge that the Services are subject to flaws and that you are solely responsible for evaluating any code provided by the Services or Site. This warning and others BitSwap provides in these Terms in no way evidence or represent an on-going duty to alert you to all of the potential risks of utilizing the Services or accessing the Site.

You alone are responsible for securing your private key(s). We do not have access to your private key(s). Losing control of your private key(s) will permanently and irreversibly deny you access to Digital Assets on the Ethereum blockchain or other blockchain-based network. Neither BitSwap nor any other person or entity will be able to retrieve or protect your Digital Assets. If your private key(s) are lost, then you will not be able to transfer your Digital Assets to any other blockchain address or wallet. If this occurs, then you will not be able to realize any value or utility from the Digital Assets that you may hold.

The Services and your Digital Assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of BitSwap to continue to make available its proprietary software and, thus, could impede or limit your ability to access or use the Services.

You understand that the Service remains under development, which creates technological, trading, and other risks when using the Services. These risks include, among others, delays in trades, withdrawals, and deposits resulting from the servers of BitSwap being offline; an incorrect display of information on the Site in the case of server errors; or transactions using the Services being rolled back in the case of server errors. You acknowledge that these risks may have a material impact on your transactions using the Services, which may result in, among other things, failing to fulfill transactions at your desired price or at all.

You acknowledge and understand that cryptography is a progressing field with advances in code cracking or other technical advancements, such as the development of quantum computers, which may present risks to Digital Assets and the Services, and could result in the theft or loss of your Digital Assets.

You understand that the Ethereum blockchain remains under development, which creates technological and security risks when using the Services in addition to uncertainty relating to Digital Assets and transactions therein. You acknowledge that the cost of transacting on the Ethereum blockchain is variable and may increase at any time causing impact to any activities taking place on the Ethereum blockchain, which may result in price fluctuations or increased costs when using the Services.

Although we intend to provide accurate and timely information on the Site and during your use of the Services, the Site and other information available when using the Services may not always be entirely accurate, complete, or current and may also include technical inaccuracies or typographical errors. To continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including, without limitation, information regarding our policies. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Site or as part of the Services are your sole responsibility. No representation is made as to the accuracy, completeness, or appropriateness for any particular purpose of any pricing information distributed via the Site or otherwise when using the Services. Prices and pricing information may be higher or lower than prices available on platforms providing similar services.

Any use or interaction with the Services requires a comprehensive understanding of applied cryptography and computer science to appreciate the inherent risks, including those listed above. You represent and warrant that you possess relevant knowledge and skills. Any reference to a type of Digital Asset on the Site or otherwise during the use of the Services does not indicate our approval or disapproval of the technology on which the Digital Asset relies, and should not be used as a substitute for your understanding of the risks specific to each type of Digital Asset.

Use of the Services, in particular for trading Digital Assets, borrowing or supplying Digital Assets, may carry financial risk. Digital Assets are, by their nature, highly experimental, risky, and volatile. Transactions entered into in connection with the Services are irreversible, final and there are no refunds. You acknowledge and agree that you will access and use the Site and the Services at your own risk. The risk of loss in trading Digital Assets can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

By using the Services, you represent and warrant that you have been, are, and will be solely responsible for making your independent appraisal and investigations into the risks of a given transaction and the underlying Digital Assets. You represent that you have sufficient knowledge, market sophistication, professional advice, and experience to make your evaluation of the merits and risks of any transaction conducted in connection with the Services or any Digital Asset. You accept all consequences of using the Services, including the risk that you may lose access to your Digital Assets indefinitely. All transaction decisions are made solely by you. Notwithstanding anything in these Terms, we accept no responsibility whatsoever for, and will in no circumstances be liable to you in connection with, your use of the Services for performing Digital Asset transactions.

We must comply with Applicable Law, which may require us to, upon request by government agencies, take certain actions or provide information, which may not be in your best interests.

You hereby assume, and agree that BitSwap will have no responsibility or liability for, the risks set forth in this Section. You hereby irrevocably waive, release and discharge all claims, whether known or unknown to you, against BitSwap, its affiliates, and their respective shareholders, members, directors, officers, employees, agents, and representatives, suppliers, and contractors related to any of the risks set forth in this Section.