Terms and Conditions

1. Introduction

Welcome to Orbitrum, a decentralized trading and analytics platform that enables the use of automated trading bots for crypto assets across multiple blockchains. By using our platform, you agree to these terms and conditions. Please read them carefully.

2. Eligibility

To use Orbitrum, you must be at least 18 years old or of legal age in your country of residence, if this age is older than 18 years, and thus, by the rules in your country of residence, capable of entering into legally binding contracts.

Residents or citizens of countries where the use of decentralized cryptocurrencies is prohibited, including but not limited to:

  • the United States

  • Russia

  • China

  • India

  • Indonesia

  • Iran

  • Vietnam

  • Turkey

  • Egypt

  • Mexico

  • Nepal

  • North Macedonia

  • Ghana

  • Bolivia

are not allowed to use Orbitrum and its services. By using any Orbitrum Service, you declare that you are not a resident of any of the aforementioned countries.

You are responsible for ensuring that your use of our platform is legal in your country of residence.

3. Automated Trading

Orbitrum allows the use of automated trading bots. While these bots can offer efficiency and convenience, they also come with risks. The performance of a bot can be unpredictable and may result in financial losses. You are solely responsible for setting up, monitoring, and managing your bots. Orbitrum is not responsible for any losses incurred due to the use of trading bots.

4. Beta Software

Orbitrum is currently in its beta stage. The software may have or experience bugs, errors, or other issues that could impact its functionality. By using Orbitrum, you acknowledge and accept these risks.

5. Due Diligence

Cryptocurrency trading involves significant risk. Before using Orbitrum, you should conduct your own research and consult with a financial advisor. You are solely responsible for your trading decisions and the potential outcomes.

6. Limited Liability

All services or materials provided by Orbitrum are offered without any form of guarantee or claim to their correctness. These materials can be changed at any time without prior notice. Orbitrum is not liable for any hyperlinks to third-party websites or services included in its service. Users are advised to check the privacy policies and terms of these third-party sites before engaging in any business or uploading any information.

Orbitrum's services depend on the functionality of the internet and the blockchains addressed by these services. As such, Orbitrum cannot guarantee the successful execution of any action initiated by any Orbitrum service. If you require guaranteed execution, you should not use automated software services like Orbitrum

7. General Disclaimer

All Orbitrum services and their contents are provided "as is" and "as available" without any warranty or representations of any kind, whether express or implied. Orbitrum does not exercise editorial control over third-party content and makes no warranty or representation as to the accuracy, reliability, or currency of any information, content, service, or merchandise provided through or accessible via the Orbitrum Service.

  1. Risks Related to the Use of Orbitrum

Orbitrum will not be responsible for any losses, damages, or claims arising from events falling within the scope of the following categories

(a) Mistakes made by the user of any Orbitrum-related software or service, e.g., forgotten passwords, payments sent to wrong Orbitrum addresses, and accidental deletion of wallets.

(b) Software problems of the website and/or any Orbitrum-related software or service.

(c) Technical failures in the hardware of the user of any Orbitrum-related software or service.

(d) Security problems experienced by the user of any Orbitrum-related software or service.

(e) Actions or inactions of third parties and/or events experienced by third parties.

All intellectual property rights concerning the software and materials of Orbitrum are vested in Orbitrum. Copying, distribution, and any other use of these materials is not permitted without the written permission from Orbitrum, except and only to the extent otherwise provided in regulations of mandatory law.

10. Use of the trading platform

All users of the Orbitrum platform are strictly prohibited from engaging in any fraudulent activities or schemes intended to defraud, deceive, or mislead. Harassment, intimidation, or coercion of others, either directly or indirectly, to manipulate an order, such as altering a price or quantity, choosing a specific price or quantity, or cancelling or maintaining a pending order, is not allowed.

Users must not place orders with the intention of creating unnecessary volatility or conditions where prices do not reflect fair market values. This includes practices like artificially buying and selling at the same price to increase volume falsely, splitting an order to create the appearance of more trading activity, or using successive trade executions to show artificial momentum in a particular direction.

Placing orders with the sole intent of cancelling the bid or offer before execution is prohibited. Any orders pre-arranged with another person to create an artificial execution on any cryptocurrency exchange are not allowed.

Users must not place orders with the purpose of aiding another person in transactions that could interfere with customer identification and anti-money laundering programs. Simultaneous buy and sell orders that could potentially execute against each other are not permitted.

Any user who fails to comply with these laws and regulations may face severe legal consequences, including fines, injunctions, and imprisonment.

11. Changes to Our Terms

Orbitrum reserves the right to update, amend, or make any changes to these terms so that they accurately reflect our Service and policies. Unless otherwise required by law, those changes will be prominently posted here. Then, if you continue to use the Service, you will be bound by the updated terms. If you do not want to agree to this or any updated terms, you can delete your account and withdraw your tokens.

By using our service or registering an account, you hereby consent to our terms and agree to its conditions.

13. Compliance with Tax Obligations

The users of Orbitrum are solely responsible for determining what, if any, taxes apply to their Orbitrum transactions. The owners of, or contributors to, Orbitrum are not responsible for determining the taxes that apply to transactions made using Orbitrum services.

14. Agreement with the terms

By using Orbitrum, you agree to these terms and conditions. If you do not agree, you should not use our platform. This document is a draft and is subject to further review and changes. Please provide any feedback or suggestions for improvement.

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