> For the complete documentation index, see [llms.txt](https://docs.arbitra.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.arbitra.exchange/about-arbitra/introduction.md).

# Introduction

Arbitra is a **centralized exchange** for trading pre-TGE (Token Generation Event) token allocation rights. It provides a secure, fast, and transparent platform for traders to speculate on token prices before the official launch.

#### Key Features

* **100% Collateralized Trades**: Every position is fully backed by locked USDC
* **Zero Trading Fees**: No maker fees, no taker fees
* **Fast Matching Engine**: \~14ms average order matching latency
* **Full API Access**: REST API, WebSocket feeds, and ZMQ for ultra-low latency
* **Transparent**: Public orderbook, trade history, and position data
* **Secure Escrow**: We act as trusted escrow for all trades

### Discord

<https://arbitra.exchange/discord>

### Documentation

[https://docs.arbitra.exchange](https://docs.arbitra.exchange/)

### Official python SDK

<https://github.com/ArbitraExchange/arbitra-python-sdk>