User Agreement
This agreement governs the user's use of the coinbot.biz service for managing orders on cryptocurrency exchanges. The coinbot.biz service provides the ability to automate trading through various bot settings, algorithms, and strategies available on the platform.
1. Terms of Service
The user agrees that the coinbot.biz service manages orders on cryptocurrency exchanges but does not trade independently. All actions related to configuring and selecting automation parameters, including algorithms and strategies, are performed by the user at their own risk. The user is responsible for monitoring and managing these settings.
2. General Provisions
The coinbot.biz service does not provide investment advice and does not recommend any specific bot settings, algorithms, or strategies. The user makes decisions independently based on their investment goals, risk level, and financial situation. The coinbot.biz service is not responsible for the results of using the provided tools and does not guarantee profits.
3. Responsibility for Trading
The user acknowledges that trading on cryptocurrency exchanges involves a high level of risk. The coinbot.biz service only provides tools for managing orders and does not participate in the trading itself. All risks related to trading, including the choice of exchange, assets, and strategies, are borne by the user. The coinbot.biz service is not responsible for any losses resulting from the use of its tools.
4. Fees and Payments
The user must independently monitor all fees and charges imposed by cryptocurrency exchanges for executing orders, as well as consider their impact on their trading results. The coinbot.biz service does not control or influence the size of these fees and is not responsible for any financial consequences related to them.
5. Use of Algorithms and Strategies
The coinbot.biz service provides the user with the ability to use various algorithms and strategies to automate order management on cryptocurrency exchanges. All settings and parameters must be selected and configured by the user in accordance with their trading goals and risk level. The coinbot.biz service does not guarantee that using any strategies will lead to profits.
6. Past Performance and Risks
The user acknowledges that past performance of any strategies or algorithms is not a guarantee of future results. All risks associated with using the coinbot.biz service are borne solely by the user. The service may use automatic and manual risk control systems, which may terminate settings in the event of failures or disruptions in the market.
7. Limitation of Liability
The coinbot.biz service is not responsible for any losses or damages resulting from service outages, algorithm errors, malicious interference, technical malfunctions, platform downtime or unavailability, or other unforeseen circumstances affecting the system's operation. The user must be aware of and accept all risks associated with potential losses due to these situations.