This Crypto Bot Trading Agreement
1. Definitions
1.1 *Crypto Bot:* An automated software program designed to execute trades on cryptocurrency exchanges on behalf of the Trader.
1.2 *Trading Account:* The cryptocurrency account provided by the Client for the purposes of executing trades using the Crypto Bot.
1.3 *Exchange:* A digital marketplace where cryptocurrencies are traded.
2. Purpose
The purpose of this Agreement is to set forth the terms and conditions under which the Trader will manage and execute cryptocurrency trades using a Crypto Bot on behalf of the Client.
3. Authorization
3.1 The Client authorizes the Trader to use the Crypto Bot to execute trades on the specified Trading Account.
3.2 The Client grants the Trader the necessary permissions to access and control the Trading Account solely for the purpose of executing trades as per this Agreement.
4. Trader's Obligations
4.1 The Trader agrees to use the Crypto Bot to manage and execute trades on the Client’s Trading Account with due care and diligence.
4.2 The Trader will monitor the performance of the Crypto Bot and make necessary adjustments to its settings to optimize trading performance.
4.3 The Trader will provide the Client with regular updates on the performance of the Trading Account, including details of trades executed, profits, and losses.
5. Client's Obligations
5.1 The Client agrees to provide the Trader with accurate and up-to-date information necessary for accessing and managing the Trading Account.
5.2 The Client agrees to maintain sufficient funds in the Trading Account to allow the Crypto Bot to execute trades effectively.
5.3 The Client understands and accepts the risks associated with cryptocurrency trading and the use of automated trading bots.
6. Fees and Compensation
6.1 The Client agrees to pay the Trader a fee for the services provided under this Agreement. The fee structure is as follows:
- 10% of the net profits generated from trading activities.
-3 USD per month for the use of the Crypto Bot.
6.2 Fees are to be calculated and paid on a [Monthly/Quarterly] basis.
7. Risk Disclosure
7.1 The Client acknowledges that cryptocurrency trading involves significant risks, including the risk of substantial or total loss. The Client agrees that they have evaluated these risks and are willing to bear them.
7.2 The Trader does not guarantee any profits from the use of the Crypto Bot.
8. Confidentiality
8.1 Both Parties agree to keep confidential any and all proprietary information, trade secrets, and other sensitive information disclosed during the course of this Agreement.
8.2 This confidentiality obligation will survive the termination of this Agreement.
9. Term and Termination
9.1 This Agreement shall commence on the date first above written and shall continue until terminated by either Party with [30 days] written notice.
9.2 The Client may terminate this Agreement immediately if the Trader breaches any material term of this Agreement.
9.3 Upon termination, the Trader will cease all trading activities on the Client's Trading Account and will return all access credentials and related materials to the Client.
10. Limitation of Liability
10.1 The Trader will not be liable for any indirect, incidental, or consequential damages arising out of or in connection with the use of the Crypto Bot.
10.2 The Trader's total liability under this Agreement, whether in contract or tort, shall not exceed the total fees paid by the Client to the Trader under this Agreement.
11. Entire Agreement
This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements, understandings, and representations, whether oral or written.
12. Severability
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
13. Notices
Any notices required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given when delivered in person or sent by certified or registered mail, return receipt requested, postage prepaid, to the addresses specified above.
IN WITNESS WHEREOF, the Parties have executed this Agreement