Legal terms in plain language
Plain-language summary of the legal terms (Terms of Service, Futures Agreement, AML Policy, Fee Schedule, Privacy Policy). Not a contract.
Version 1.1 of the statement dated 14 September 2026 Describes Terms of Service v2.1.2, Futures Agreement v2.1, AML Policy v2.1.1, Fee Schedule (effective from 10.09.2026) and Privacy Policy v2.1.1 in the editions published on that date. When any of these documents are changed, the page is reviewed, the version and date are updated._
This is a brief explanation of Terms of Service, Futures Agreement, AML Policy, Fee Schedule and Privacy Policy. It is written in Russian for convenience, does not form part of the contract, does not replace it or create obligations beyond the English documents. This page is not required: only the full text of the Terms of Service, Futures Agreement, AML Policy, Fee Schedule and Privacy Policy is required, and any discrepancies between this page and these pages are applicable (Terms of Service, section 2.4). The tabs contain the Terms of Service sections, where the terms are fully explained.
ITradingBot is software, not an exchange or a controller. We don't execute or issue orders, we don't keep or manage your assets, and we don't give investment advice. Signals, stops, backlinks, statistics and default parameters are tools, not recommendations; past results do not guarantee future results, and all trading decisions are made by you (section 15.7). Exchange Account is our name for the Bybit sub-account, not the exchange (sections 1.1, 1.2, 1A.1).
In the API mode, you trade on your own exchange account through your keys. In Exchange Account mode, you trade on a sub-account that is open to you on Bybit under the ITradingBot master account and is part of the ITradingBot account structure on Bybit. Your Exchange Account contract is with ITradingBot, not Bybit, and ITradingBot is your contact for all matters relating to your Exchange Account; ITradingBot is not a party to your transactions and does not place or execute orders; ITradingBot does not claim that you become a Bybit customer, and if Bybit requires you to accept its terms and conditions, we will notify you (sections 1.1, 1A.1, 1A.1a).
Your assets are stored by Bybit. ITradingBot has no own wallets, addresses or private keys; the only tool is Bybit's API. Bybit accounts your assets in your own sub-account, separate from the sub-accounts of other users; ITradingBot's own funds are not stored in the sub-accounts of users. This is a description of how balances are accounted for inside Bybit, not a statement about what they will be with if ITradingBot or Bybit is unable to pay. The withdrawal is technically two steps inside Bybit: from your sub-account to your ITradingBot master account and then to your address; each step is recorded (section 1A.2).
All trading decisions are yours. ITradingBot only operates on your verified instructions, including robot settings, and does not decide when and what to trade. Without your instructions, ITradingBot will not initiate deposits, transfers and derivatives, except where Bybit, applicable law (including sanctions and AML-requests) or the instructions of the competent authority so require, and in the sole case of its own motion under paragraph 14. Automated strategies can make trades faster and more often by hand and can result in losses, liquidations and commissions without your further confirmation. You are at risk of loss, including total loss of balance and liquidation (sections 1A.3, 1A.10, Futures Agreement section 2).
Identity verification is only required for Exchange Account mode. It is passed to our provider before the Exchange Account is opened and may be requested again (for example, if the document has expired, authentication is lost or Bybit requires it). ITradingBot may at any time request additional information, including the source of funds, and restrict or terminate Exchange Account services if the information is not provided or the verification has not been completed. Before you refuse a service, the result is rejected or required to be verified and any screening operation is viewed by a person; you can object to the refusal and submit additional documents (section 1A.6, AML Policy sections 5 and 6).
Who is not eligible for the service. Under 18 years of age; residents of countries and territories listed in Annex A AML Policy (including the United States, Canada, the Netherlands, Malaysia and the temporarily occupied territories of Ukraine); persons in mainland China, Hong Kong, Singapore or Uzbekistan while using Exchange Account; citizens of the United States, Iran and the DPRK regardless of where they live; persons under sanctions; politically significant persons (this is ITradingBot's own decision on the permissible risk, not a prohibition of law); and for Exchange Account as well as residents and citizens of countries that do not serve Bybit. The service is only for individuals who trade with their own funds. If you fall into one of these categories, you are required to stop using the platform and withdraw assets (sections 2.1, 2.2, 2.3, 2.4, 2.6, 1A.9).
Account security. You are responsible for securing account access and authentication factors (PIN, app authenticator, passkey, recovery codes) and for any actions that have been made due to their leakage; unauthorized access should be immediately reported to support (section 7, Futures Agreement section 4.4).
Withdrawal. After multi-factor authentication, you only apply to the address you have registered for your Exchange Account at your request; the new address will start working after the security delay (now 48 hours). Before sending to Bybit, we check the order for a closed list of six reasons (no authentication; address not registered; Bybit restrictions; law or authority requirement; suspicion of account breach; negative balance or debt under clause 14) and cannot change the address or amount. Only on these grounds can an order be delayed or rejected; unless the law forbids it, we will inform you of the reason within two working days. orders that have been verified go to Bybit no later than the closest published processing window; network, compliance and risk controls are in place for Bybit, and the processing time for Bybit and blockchain is not guaranteed by ITradingBot (section 1A.4).
Bybit can freeze assets under its own rules, such as when you're charging suspiciously. We will forward Bybit's requests to you and your answers to Bybit, but we cannot override Bybit's decision. If Bybit does not issue assets, becomes insolvent or ceases operations, a claim is made against Bybit; anything Bybit returns to your account, we transfer to you without withholding, except as required by law, and provide records available to us to confirm your claim (sections 1A.5, 16.5).
When we may suspend or terminate access. If we or a third party violates the Terms of Service or uses the Platform to our detriment, ITradingBot may suspend or terminate access at its discretion and without notice; also if the identity verification has not been completed or Bybit so requests. The suspension does not deprive you of the rights of ownership of the assets: in API mode your exchange account is not affected, in Exchange Account mode there is clause 11 (sections 12.3, 13, 1A.6).
If we suspend or terminate your access, Exchange Account will remain in the withdrawal only mode for at least 30 days (taking into account Bybit rules and applicable law): robots are stopped, new orders, strategies and deposits are not accepted, but you can cancel orders, close positions and withdraw assets to a registered address. Open positions are not closed by ITradingBot without your instructions. If you lose access to authentication, please write in support: Once you have re-checked your identity, you can access or withdraw to a previously registered address. Withdrawal is possible as long as Bybit keeps the ITradingBot master account and your Exchange Account functioning; if Bybit suspends them, ITradingBot cannot guarantee access to the assets and will seek their return in accordance with paragraph 9 (section 1A.8).
ITradingBot may suspend trading and transfers at Bybit's request, if there is a reasonable suspicion that the account has been compromised or is being used in violation of the Terms of Service or the law, or at the request of a competent authority. You are obliged to respond to reasonable requests for information and documents (including source of funds); without a response, the Exchange Account may remain limited to Bybit. The withdrawals are withheld only on the basis of point 8 (section 1A.11).
Exchange Account is a single account: coins that Bybit maintains as security (USDT and USDC always) serve as a default derivative margin and can be sold upon liquidation. What other coins are considered security, you choose in settings yourself and you are obliged to check them before opening derivative positions; ITradingBot itself does not change them. The platform does not provide access to Bybit's spot margin and marginal loans on Exchange Account; ITradingBot does not lend or provide a leverage, and the leverage on derivatives is a product of Bybit under its rules (section 1A.12).
If Bybit has issued ITradingBot or has written off an amount relating to your Exchange Account from your ITradingBot Master Account (e.g. negative balance after liquidation, cancelled deposits, adjustment of commission or claim for compensation for your trade), you must refund it on the first request. After an email notification and five working days of voluntary payment, ITradingBot can transfer this amount and only the amount from your Exchange Account and will provide Bybit with a confirmation account upon request. In addition, you indemnify ITradingBot for damages caused by third party claims arising from your actions, decisions or inaction (sections 17.1, 17.2).
You pay Bybit's trading fees at the level assigned to ITradingBot plus the platform rate; Bybit holds them at the time of the trade, ITradingBot does not write off the fees from your account. Bybit rates can be changed or revoked at any time without prior notice from us; only ITradingBot changes rates with 10 days' notice. Bybit's funding, liquidation fees, network withdrawal fees and other fees are charged under Bybit's rules and are not included in the Fee Schedule; platform subscription is paid separately. ITradingBot receives a reward from Bybit (sections 1A.7, 14, Fee Schedule).
The ITradingBot trial period can be changed or canceled at any time. The monthly subscription is renewed monthly and can be cancelled by any party with 14 days' notice; the annual subscription is renewed for another 12 months if neither party declines within 30 days of the end of the term. Payments are not refunded; taxes and fees are on your side (sections 11, 12.1, 12.2, 12.4, 14).
The platform is provided as it is, without guarantees of uninterrupted and faultless operation. During a breakdown or servicing your positions remain open on the exchange, and the already-exposed stop loss and take-profit is executed by the exchange. In Exchange Account mode, your only interface to a sub-account is to place your security orders on the exchange in advance and keep the size of the positions that will survive failure; an order that is not placed on the exchange is not executed when the platform is unavailable (section 15, Futures Agreement section 6).
The liability of ITradingBot, its affiliates and third-party providers is limited to a total of more than two amounts: a subscription you actually paid six months before the event, or US$500. The limit covers direct losses, including losses from compromising ITradingBot systems or its Bybit access master; indirect losses and missed profit are not reimbursed. We are not excluded from liability for death or health damage caused by our carelessness, intentional, gross carelessness, fraud and deliberate misdirection, or where the law does not permit. Bybit is not responsible for actions, decisions, delays, freezes and non-payment of payments and for the operation of blockchain networks, except where this is caused by ITradingBot's own breach of the Terms of Service; ITradingBot's obligations in such cases are limited to paragraphs 9 and 11. You must submit your claim within 12 months of your notification of the application, unless the law provides for a shorter period (sections 16.0, 16.1, 16.2, 16.4, 16.5).
The changes to the terms and conditions come into effect 10 days after the date of publication on the website or notification to you; continued use means consent. Exception: Changes to the List of limited jurisdictions (AML Policy Appendix A) for the Exchange Account mode are effective immediately (sections 22, 2.2).
First, a complaint to [email protected] with the theme Complaint: confirmation within five working days, reply within 30 days. Arbitration cannot be commenced before our final response or 60 days after the date of the complaint, whichever comes first (except for urgent security measures). The applicable law is the law of the Seychelles. The dispute is finally settled by SIAC arbitration: venue of arbitration Singapore, one arbitrator, English, if conditions are met, accelerated procedure; the decision is binding on the parties. If you are a consumer, the mandatory consumer protection rules of your country are maintained, including the right to appeal to the court of your country where the law provides for this (sections 23.123.5).
The contract is in English. transfers and explanations, including this page, are published for convenience and are not used for discrepancies (section 2.4).
This page is a convenience explanation, not a contract. Only the full text of the Terms of Service, Futures Agreement, AML Policy, Fee Schedule and Privacy Policy is required; this page is not included and will apply if any deviations are made. Questions from [email protected]