By continuing to access or use the Contract Copy Trading services (hereinafter referred to as the "Services") of this website, you agree to be bound by the provisions of this Agreement, as well as other publicly disclosed service terms, user agreements, privacy policies, and any other applicable terms of this website. You are willing to bear all risks and resulting losses yourself. This includes any revisions or modifications made to this Agreement or the aforementioned documents by BitDa (hereinafter also referred to as "we" or the "Platform") at any time. If you do not accept this Agreement, please do not continue to access or use the Services.
After submitting your application, our staff will review it as soon as possible. Approved traders will default to Entry-Level Traders. Subsequent improvement of trader profiles and performance based on copy trading results and total equity growth may qualify for promotion to higher trader levels.
I. Trading Services
You should exercise your own prudent judgment regarding the authenticity, legality, and validity of information related to Bitcoin and other virtual currencies, and bear all resulting responsibilities and losses yourself. This website has no obligation to conduct prior review of all users' information data, virtual currency information, trading behavior, and other matters related to trading. (This website does not undertake prior review responsibility for users' virtual currency information, trading behavior, and other matters related to trading.)
II. User Qualifications and Obligations
2. You must ensure that you are a qualified investor meeting the requirements of this Agreement and relevant laws and regulations for the related transactions.
3.You must ensure that you are at least 18 years old, possess full civil capacity for rights and civil capacity for conduct, and have sufficient knowledge and experience to understand the nature and risks of the products you intend to trade. You need to ensure that minors do not use your account; otherwise, you shall bear all resulting legal risks and liabilities.
4.You must ensure that you are the legal owner of the funds added to your relevant accounts on BitDa, and guarantee the legality of the source of such funds or digital assets. You shall not use the Platform to engage in illegal, criminal, or activities violating public order and good morals. You are obligated to assist us in fulfilling compliance requirements for anti-money laundering and counter-terrorism financing. Therefore, you need to provide us with your personal information and guarantee its authenticity and accuracy.
5.You are responsible for the personal information (including documents and other relevant information) provided to the Platform and must ensure its truthfulness, completeness, and reliability. If the personal information you provide (such as trading experience, trading strategies, etc.) is insufficient or fails review, you will be restricted from trading on this website.
6.You shall not submit information belonging to others (such as name, ID number, phone number, email address, etc.). If the information you provide is inaccurate, illegal, or invalid, you will be restricted from accessing or using the Platform's products and services.
7.You must ensure that any cryptocurrency withdrawal address you provide belongs to you and that you have full control over it.
III. Our Rights
8.We reserve the right to unilaterally modify the terms of this Agreement at any time. You are obligated to regularly visit this website and review the terms of this Agreement to ensure you are aware of the latest content. We may notify you of updates to the Agreement via email or website announcement.
9.We have the right to impose mandatory requirements on conditions related to your copy trading, such as the cryptocurrencies you can lead trades for and the total assets in your trading account, to protect the interests of copy traders.
10.To maintain the health of the Services, we have the right to implement joint risk control measures on your copy trading activities. We have the right to take the following risk control measures on existing positions, including but not limited to: forced stop-loss, forced position reduction, forced liquidation, etc. We also have the right to take the following risk control measures on your contract account, including but not limited to: restricting deposits/withdrawals, forcing entry into a contract cooling-off period, restricting trading, stopping the pushing of copy trades, etc. We guarantee that the risk control system is solely used to reduce the risk exposure of your existing positions and account, and does not equate to fully taking over your copy trading account or contract account.
IV. Disputes and Legal Obligations
11.If a trading dispute arises between you and another user during your use of the contract copy trading services on the Platform, and either party or both parties jointly submit the dispute to the Platform for mediation, the Platform has the right to make a mediation or handling decision based on the Platform's relevant service terms and facts. You understand, accept, and agree to abide by the Platform's judgment, mediation, and handling decisions regarding the trading dispute.
12.You understand and agree that the Platform has the right to provide necessary information (including user information and transaction records you provided to the Platform) to government departments (including judicial and administrative departments) upon their request. If you are suspected of infringing upon the legitimate rights and interests of others, or suspected of violating relevant national laws and regulations, the Platform has the right, upon preliminary judgment of a possible existence of infringement or illegal activity, to provide your necessary identity and other transaction information to rights holders, regulatory authorities, or legal departments. Furthermore, where permitted by applicable laws, the Platform may take measures including but not limited to freezing, closing, or liquidating your account.
V. Risk Disclosure and Disclaimer
You acknowledge and agree that we shall not be liable for any losses arising from any of the following circumstances, including but not limited to: a. Loss of profits, goodwill, use of the Platform's services, data, or other intangible or indirect losses (whether or not we have been advised of the possibility of such damages); b. We have reasonable grounds to believe that you or a specific transaction related to you may involve significant illegality or breach of contract; c. We have reasonable grounds to believe that your activities on the Platform involve suspected illegality or improper operation; d. Costs and losses incurred through purchasing or obtaining any data, information, or conducting transactions through the Platform Services, or through alternative actions; e. Your misunderstanding of the Platform's contract copy trading services; f. Any other losses related to the Platform's copy trading services not caused by the Platform's copy trading services; g. Any partial or total losses resulting from your direct or indirect participation in contract copy trading; or h. Other losses not due to the Platform's gross negligence or caused by force majeure.
To protect copy traders and improve the effectiveness of traders' copy trading cycles, we recommend that you avoid the following contract operations and agree that we shall not be liable for any losses or damages arising from any of the following circumstances, including but not limited to: a. Setting stop-loss order prices too close to the liquidation price, causing your account and copy traders' accounts to be liquidated when the market experiences sharp volatility and the stop-loss order fails to execute; b. Performing high-frequency adding/reducing/closing positions on the same contract within a short period, such as reverse position operations, especially during sharp price movements, leading to copy trade failures or abnormal positions for copy traders; c. Hedging long and short positions at high leverage levels, causing abnormal positions for copy traders or even inability to close positions; d. Placing orders at points with insufficient order book depth and lack of counterparties, leading to copy trade failures or abnormal positions for copy traders; e. The contract copy trading system does not support copy traders following reverse position orders; losses caused to copy traders due to abnormal positions resulting from reverse position orders; f. You must check your contract's risk limit before opening a position; losses to copy traders caused by failed position additions or imbalanced average prices due to risk limits.
The contract copy trading function involves related risks, including but not limited to automatic trading operations, meaning your account can initiate and terminate trades without your manual intervention.
The latency inherent in contract copy trading may result in high costs, and contract copy trades may fail.
Due to objective factors such as market changes and insufficient market depth, your opening price, closing price, and PnL ratio may differ from those of other copy traders or the trader you are following. These differences may widen in extreme market conditions.
Due to reasons such as instability of services provided by network operators or third parties, or excessive system load, you may be unable to perform copy trading during maintenance periods.
Due to temporary adjustments to exchange risk control rules, delays in system command execution, delays in external platform trading signals, API access restrictions, and other possible force majeure factors, the execution of copy trading services may be delayed, suspended, terminated, or deviated. We will endeavor to ensure, but do not guarantee, the stable and effective operation of the copy trading service execution system. However, we shall not be liable for any differences between the final execution result of the copy trading service and your expectations caused by the aforementioned factors.
Investment management services are chosen by you at your discretion. You independently decide to follow specific traders and/or adhere to specific trading strategies. In making such decisions, you have considered your overall financial situation, including financial planning, and understand the risks associated with using the contract copy trading function.
The contract copy trading function provided by the Platform is for your reference only. If you make investment decisions based on information provided on our website or obtained through the contract copy trading function, you should understand the associated risks beforehand and bear all related losses yourself. We recommend that you seek professional advice before engaging in any contract copy trading to reasonably assess the risks.
You should conduct independent research before making any investment decision. You should independently judge, based on your own investment objectives and personal and financial circumstances, whether any investment, strategy, product, or service is suitable for your needs.
You shall bear full responsibility for any losses resulting from actions automatically executed by the contract copy trading function.
Any information on the website or client is intended to provide the public with trading dynamics and information services regarding traders and followers. This website does not provide any form of investment advice, nor does it imply in any form that it provides such information or functions. You should conduct independent research on the information gathered through this platform or the contract copy trading function and make independent investment decisions or seek advice from professionals.
We shall not be liable for losses caused by any natural person or legal entity disclosing trading data or related information to this Platform without authorization.
This Agreement may be translated into another language and provided in that language. In the event of any inconsistency or discrepancy, the English version of this Agreement shall prevail. For matters not covered herein, the Platform reserves the right of final interpretation to the maximum extent permitted by applicable law.