Because Bitcoin x ApeX Protocol
Because Bitcoin is thrilled to announce a groundbreaking partnership with ApeX Protocol, a decentralized derivatives platform.

Valentin
October 3, 2023
ApeX Pro, a permissionless, non-KYC and non-custodial derivatives DEX, is a cutting-edge product that we at BB are very excited to showcase. ApeX users enjoy an extremely efficient trading engine and are able to seamlessly trade without sacrificing security or privacy. The UI/UX is one all traders should be very familiar with, a simple and clean orderbook. Their low fees, instant settlement, make trading here appealing to all users, seasoned or new. Apart from the orderbook DEX, ApeX also offers revenue sharing and passive income generating solutions via ApeX Staking Program and Smart Liquidity Pool.

ApeX Pro, introduces cross-margined perpetual contracts within a novel social trading framework and stands ready to revolutionize web3 trading with its speed, efficiency, and most importantly, security, privacy and transparency for traders.
The team has also developed the first ever L2 DEX Telegram bot for derivatives trading - ApeX Bot, which operates on a decentralized and self-custodial framework. ApeX Bot, which is absolutely free of charge, allows users to sync their login, trade market orders, monitor and/or close positions, refer friends and earn rewards.
ApeX boasts a proprietary web platform, as well as Android and iOS apps for seamless trading and asset management.
Low fees: Trading on the platform is extremely cost-effective. Users are only charged gas fees during deposits and withdrawals. Additionally, ApeX has some of the lowest trading fees in the market set at a low 0.02% for makers and 0.05% for takers.
Why StarkEx?
With the help of StarkWare's Layer 2 scalability engine (StarkEx), ApeX Pro is able to uphold the promise of decentralized and efficient trading by offering users an optimal combination of security and transparency one would usually see in a DEX, and the speed and usability users are used to seeing on centralized exchanges (CEXs).
ApeX Pro is leveraging StarkEx’s cryptographic proofs and Validium to securely validate transaction batches — so we deliver non-custodial trading at its most efficient way, with enhanced user performance and experience. The protocol processes about 10 trades per second and 1,000 order placements and cancellations per second.
On-chain data availability and integrity can be ensured with StarkWare’s STARK proofs, a form of zero-knowledge proof (ZK-proof) technology that will help safeguard a fully non-custodial protocol. Built on the Ethereum network, this Layer 2 architecture publishes ZK-proofs directly to Ethereum smart contracts for verification. Transactions are also uniquely packaged for publishing on-chain for traders concerned about data privacy as only balance charges will be made visible.
This integration increases ApeX Pro’s trade settlement capacity, while fortifying the secure validations of every transaction on the trading platform without compromising the privacy of a trader with respect to their personal transaction data and activities.
Why the Order Book Model?
ApeX Pro bridges the gap between decentralized and centralized exchanges by offering an order book model that prioritizes security and transparency. Users can now enjoy the familiarity of order books on a permissionless trading platform.

Core Value Propositions
- Maximum Security: StarkWare's STARK proofs guarantee on-chain data availability and integrity while preserving user data privacy, making ApeX Pro a fully non-custodial and secure trading protocol.
- Preserving Privacy: ApeX Pro enhances trade settlement capacity without compromising transaction data privacy, ensuring traders can operate with peace of mind.
- Lower Fees, Greater Leverage & Instant Settlement: ApeX Pro empowers traders with up to 30x leverage, lower costs, and faster execution, comparable to centralized exchanges. ApeX can process up to 50 trades per second and 1,000 order placements and cancellations per second.
- Multi-Chain Support: ApeX Pro supports 7 different chains, simplifying the facilitation of cross-chain deposits and withdrawals. Users can deposit either USDC, or an array of other assets, which are then converted to USDC via 1inch's API on-chain liquidity.
At Because Bitcoin, our mission is clear: empower traders to navigate the complex cryptocurrency landscape with honesty and a steadfast focus on delivering real value to our community. We stand proudly as the anti-shill, anti-WAGMI (We're All Gonna Make It) community, believing that hard-to-swallow truths are always preferable to convenient lies.
The partnership between Because Bitcoin and ApeX Protocol marks an exciting step toward revolutionizing cryptocurrency trading, empowering traders with unprecedented security, transparency, and efficiency.
Together, we are committed to helping you turn chaos into clarity, one trade at a time.
For more information, visit https://www.apex.exchange/ or join the vibrant community on https://t.me/ApeXdex & https://discord.com/invite/366Puqavwx.
