> For the complete documentation index, see [llms.txt](https://knights.gitbook.io/darkknight/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://knights.gitbook.io/darkknight/products/exchange.md).

# Exchange

![](/files/8Cawj8dwYGidWwoub11t)

{% hint style="success" %} <mark style="color:red;">**Trade cryptocurrencies whenever you want with low fees, this is what you can expect at Dark Knight**</mark>
{% endhint %}

We are a decentralized exchange (DEX) so in order to make it appealing for investors to provide liquidity, which is essential so investors can trade with, whenever you swap (trade) on the exchange, you will pay a small fee.

<mark style="color:red;">**0.2% trading fee**</mark>&#x20;

#### **From that trading fee**&#x20;

<mark style="color:red;">**0.17%**</mark> is returned to liquidity pools as a reward for liquidity providers&#x20;

<mark style="color:red;">**0.03%**</mark> goes to the Dark Knight Treasury

Conversely, when you provide liquidity, you will earn that fee. This is regardless if you are holding in your wallet, placed into our farms, or autocompounders.

The 0.17% makes the liquidity pool bigger (which helps the project you are providing liquidity for guard against volatility & allow for safer trading).&#x20;

Your LP tokens represent a % of the pool of the 2 assets you deposited in. If you do decide to break your LP, you'll get the same % back of a pie that's grown in the meantime.&#x20;

You will not see the # of LP tokens you have go up because of it&#x20;

## <mark style="color:red;">How Do I Get Started Trading?</mark>

Click [Here](/darkknight/step-by-step-guides/how-to-swap-on-dark-knight.md) To Learn More


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