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Swap
A swap is a transaction in which you trade one token for another. Thanks to Bridges Exchange's hybrid setup, the swap will happen one of two ways: through automated liquidity pools in Bridges Exchange or using the aggregator feature to tap into liquidity elsewhere.

Bridges Approved tokens

Only tokens that are approved by Bridges are listed on Bridges Exchange and qualify as Bridges Approved tokens. This means that they fit the listing criteria and are available on BNB Chain as a BEP-20 token. Project teams do not necessarily have to apply in order to be Bridges approved, but they do need to at least be ranked in the top 100 of the CoinMarketCap rankings.

Bridges Certified tokens

A subset of the tokens listed on Bridges Exchange are Bridges Certified. A Bridges Certified token may not necessarily be in the top 100 of the CoinMarketCap rankings, but the requirements are more strict.
In order to be Bridges Certified, the project team must apply to have their token listed and complete strict safety checks. Only those projects that successfully complete the application process and get listed on Bridges Exchange are Bridges Certified tokens.

Swap fees

When you swap tokens on Bridges Exchange, you will pay a 0.35% transaction fee. Of this,
  • 0.1% is distributed as dividends to all Bridge$ holders with at least 100 tokens
  • 0.25% is returned to the liquidity pool as a reward for liquidity providers
If you are swapping a stablecoin or one of the CoinMarketCap top 10 altcoins / tokens, then the 3% dividends do not apply, but the 0.25% fee still applies. The reason for excluding these coins from dividends is to encourage trading of the biggest coins and pegged coins on Bridges Exchange.

Stablecoins

Due to the risk of algorithmic stablecoins becoming unpegged, we only list stablecoins that are backed by assets.
  • Binance USD (BUSD)
  • Dai (DAI)
  • Tether (USDT)
  • USD Coin (USDC)

Current CoinMarketCap top 10

The Bridges Approved CMC top 10 as of 24 June 2022 that are excluded from the 0.1% dividends fee are as follows. The Bridges team monitors changes in the top 10 ranking and adjusts accordingly when an altcoin / token maintains the ranking.
  1. 1.
    Bitcoin (BTCB)
  2. 2.
    Ethereum (ETH)
  3. 3.
    Tether (USDT)*
  4. 4.
    USD Coin (USDC)*
  5. 5.
    Binance Coin (BNB)
  6. 6.
    Cardano (ADA)
  7. 7.
    XRP (XRP)
  8. 8.
    Binance USD (BUSD)*
  9. 9.
    Dogecoin (DOGE)
*These altcoins / tokens are also stablecoins, thus the 3% fee will not apply even if they are no longer ranked in the top 10.