Terms of Use

Last Updated: October 15, 2024

Welcome to MoreBit.io! By accessing or using our website and services, you agree to comply with and be bound by the following Terms of Use. Please read these terms carefully before using our services. If you do not agree to these terms, you should not use our platform.

1. Acceptance of Terms

By accessing MoreBit.io and using our crypto market-making services, you agree to abide by these Terms of Use, as well as any other guidelines, rules, or additional terms provided on the platform. We may modify these terms at any time, and such modifications will be effective immediately upon posting.

2. Eligibility

You must be at least 18 years old to use our services. By using our platform, you represent and warrant that you meet this age requirement and have the full legal capacity to enter into and comply with these Terms of Use.

3. Services Provided

MoreBit.io provides market-making services for crypto token owners and traders. These services are designed to automate trading activities on third-party exchanges through the use of API keys that you provide. The performance of our market-making services is dependent on the settings you choose and the conditions of the crypto markets.

4. User Responsibilities

As a user of MoreBit.io, you agree to:

Provide accurate and up-to-date information during registration and account creation.
Maintain the confidentiality of your account credentials and API keys.
Ensure that your use of our services complies with all applicable laws and regulations.
Accept full responsibility for any market-making activities initiated through your account.
Regularly review and monitor the performance of your trading strategies.

5. API Key Usage

When you provide API keys from third-party exchanges to MoreBit.io, you agree that:

These API keys are used solely to execute trades and manage orders on your behalf.
MoreBit.io does not have the ability to withdraw or transfer funds from your account using these API keys.
You are responsible for securing and managing your API keys, and any unauthorized access or misuse of the keys is your responsibility.

6. Fees and Payments

By using MoreBit.io, you agree to pay any applicable fees for the services provided, which may include:

Subscription fees for ongoing access to our platform.
Performance-based fees tied to the success of your market-making activities. All fees will be outlined in detail on our website and will be clearly communicated before you are charged.

7. Risk Acknowledgment

You acknowledge that trading cryptocurrencies involves a high degree of risk, and the prices of crypto assets are volatile and unpredictable. MoreBit.io does not guarantee any specific outcomes or profits from the use of our services. You are solely responsible for the decisions you make regarding your trading strategies, and MoreBit.io is not liable for any losses incurred as a result of using our services.

8. Prohibited Activities

You agree not to use MoreBit.io for any illegal, fraudulent, or unauthorized activities, including but not limited to:

Engaging in market manipulation or wash trading.
Using the platform to engage in unlawful activities, including money laundering or terrorist financing.
Attempting to reverse-engineer or exploit any part of our platform or its underlying technologies. We reserve the right to terminate or suspend your account if we suspect any prohibited activities or violations of these Terms of Use.

9. Intellectual Property

All content, software, and intellectual property on MoreBit.io, including trademarks, logos, and materials, are the property of MoreBit.io or its licensors. You may not reproduce, distribute, or use any of the platform’s intellectual property without prior written consent from MoreBit.io.

10. Limitation of Liability

To the fullest extent permitted by law, MoreBit.io, its officers, employees, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the platform or any services provided, including but not limited to loss of profits, trading losses, or data breaches.

11. Disclaimer of Warranties

MoreBit.io provides its services on an "as is" and "as available" basis, without any warranties of any kind, express or implied. We make no guarantees regarding the availability, security, or reliability of our platform, nor do we guarantee that any specific results will be achieved through the use of our services.

12. Termination

We reserve the right to terminate or suspend your access to MoreBit.io at any time, for any reason, including but not limited to violations of these Terms of Use. Upon termination, you will no longer have access to our services, and any outstanding obligations or fees owed to MoreBit.io will remain due.

13. Governing Law

These Terms of Use are governed by and construed in accordance with the laws of [Your Jurisdiction]. Any disputes arising from or related to these terms will be subject to the exclusive jurisdiction of the courts located in [Your Jurisdiction].