BitX is a decentralized exchange (DEX) exclusively for trading Bitcoin Request for Comment (BRC) 20 tokens. It operates on the Bitcoin blockchain and is widely regarded as the most reliable platform for trading BRC-20 tokens. BitX uses a decentralized API router to facilitate transfers, ensuring transparency and preventing manipulation. Unlike other exchanges, BitX doesn't rely on code-based contracts but utilizes an API for trading BRC20 tokens. While there are pros and cons to this approach, it is currently the only viable option. BitX has enough liquidity for its launch but aims to attract liquidity providers for long-term sustainability. Liquidity providers on BitX receive 70% of the trading fees, which is equivalent to 1% per trade. The API wallet on BitX autonomously handles trades, incorporating safety measures and multiple confirmations to prevent bugs and fund losses.

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