This Contract Copy Trading User Agreement ("Agreement") constitutes a legally binding contract between you ("User," "You," or "Your") and Megabit ("We," "Our," or "Megabit"). It governs your use of the Copy Trading Service ("Service") via megabit.vip or any affiliated websites, APIs, or mobile applications (collectively, the "Platform").
Key Definitions
1.1 Copy Trading
Automated replication of trades executed by selected traders ("Signal Providers") on the Platform.
1.2 Signal Provider
A user who publicly shares trading strategies for others to follow.
1.3 Copy Trader
A user who automates trades by mirroring a Signal Provider's activity.
1.4 Platform
Megabit’s digital asset trading ecosystem and its services.
Service Overview
2.1 Core Functionality
- Automated Trade Execution: The Platform replicates Signal Providers' trades in real-time without manual intervention.
- Transparency: Users must independently verify trading data—Megabit does not validate Signal Providers' records.
2.2 Fee Structure
- Signal Providers may charge strategy fees.
- Platform fees vary by transaction type (see Fee Schedule).
User Obligations
3.1 Risk Acknowledgement
- Volatility in digital assets may lead to significant losses.
- Assess personal risk tolerance before participating.
3.2 Compliance & Security
- Adhere to Platform rules (e.g., no market manipulation).
- Safeguard account credentials and report unauthorized access immediately.
Signal Provider Responsibilities
4.1 Ethical Conduct
- Prohibit false signals or market abuse.
- Maintain accurate public trading histories.
4.2 Accountability
- Providers bear liability for misleading information.
Service Limitations
5.1 Modifications
Megabit reserves rights to alter Service terms without prior notice.
5.2 Termination Grounds
- Violations of this Agreement.
- Legal/regulatory changes preventing Service continuation.
Risk Disclosures
6.1 Market Risks
- Extreme price fluctuations.
- Liquidity constraints affecting trade execution.
6.2 Technical & Legal Risks
- System failures or irreversible transactions.
- Jurisdictional regulatory uncertainties.
Liability & Disputes
7.1 No Guarantees
Megabit disclaims responsibility for trading outcomes.
7.2 Governing Law
Disputes resolved under the User’s local jurisdiction.
FAQs
❓ How are fees calculated?
Fees depend on transaction type and strategy—detailed in the Platform’s Fee Schedule.
❓ Can I cancel a copied trade?
No. Executed trades are irreversible.
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❓ What if a Signal Provider violates rules?
Megabit may suspend their account and notify affected users.
Final Provisions
11.1 Acceptance
Using the Service constitutes Agreement acceptance.
11.2 Amendments
Megabit may update terms; continued use implies consent.
Last Updated: 2025
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