Welcome to Coinpilot! These Terms of Service (“Terms”) are a binding legal agreement between you (“you” or “your”) and Coinpilot Limited (“Coinpilot,” “we,” or “us”). These Terms govern your access to and use of the Coinpilot mobile application, website, and services (the “Services”). By accessing or using the Services, including but not limited to visiting the website, downloading the mobile app, or using the wallet and trading features, you agree that you have read, understood, and accepted these Terms.
If you do not agree to these Terms, you may not access or use the Services.
1. Overview and Purpose
Coinpilot is a decentralized platform that enables users to automatically copy trade the strategies of top traders on-chain across various decentralized exchanges and prediction markets. Users can connect to the Services via non-custodial wallets created for them using infrastructure provided by Privy.io. Coinpilot facilitates automated execution of trades on the user’s behalf, but users retain full control over their funds and private keys at all times.
Important Note:
Coinpilot does not provide financial or investment advice. The Services are for informational and entertainment purposes only. You are solely responsible for all trading decisions made through the Services, and all trades are conducted directly through your non-custodial wallet.
2. Acceptance of Terms
By accessing the Services, you represent that:
You are at least 18 years old and of legal age to enter into a binding agreement in your jurisdiction.
You have read, understood, and agreed to these Terms.
You have the necessary authority to enter into these Terms if acting on behalf of a legal entity.
3. Services Overview
Coinpilot provides users with the ability to:
Open non-custodial wallets using infrastructure provided by Privy.io. These wallets are fully controlled by the user, and Coinpilot does not have access to private keys or funds stored in the wallet.
Automate trading on decentralized exchanges by copying the strategies of top traders.
Execute copy-trading positions across Perpetual Futures, Tokenized Stocks, and Prediction Markets.
Execute trades using an API-based infrastructure that connects to supported decentralized exchanges on behalf of the user.
Key Limitations:
Coinpilot does not guarantee the execution of trades. Execution may be affected by outages, API limitations, or other restrictions imposed by third-party vendors and infrastructure providers.
Coinpilot is not a broker, custodian, or intermediary. We do not hold or control user funds or private keys.
Coinpilot does not provide personalized financial or investment advice.
We do not guarantee the performance of any trading strategy or the profitability of trades conducted through the Services.
4. Wallets and Self-Custody
When you use our Services, a non-custodial wallet is created for you using infrastructure provided by Privy.io. While Coinpilot does not have access to your funds or private keys, you acknowledge and agree to the following:
You are solely responsible for maintaining control of your wallet.
Coinpilot is not responsible for any loss or unauthorized access resulting from your failure to secure your wallet, credentials, or private keys.
You authorize Coinpilot to use API keys and other infrastructure to automate trade execution on your behalf within the parameters of the Services.
Important Notes About Wallets:
Coinpilot does not store or recover private keys. If you lose access to your wallet, Coinpilot cannot assist in recovery.
Certain tokens or transactions may not be supported by the Services. It is your responsibility to verify compatibility before initiating transactions.
5. Copy Trading and Position Management
Coinpilot enables users to replicate trading strategies from other traders. By using the copy trading feature:
You acknowledge that all trades are executed at your direction and risk.
You authorize Coinpilot to execute trades on your behalf using automated infrastructure but retain full control of your wallet.
You agree that Coinpilot is not responsible for incomplete or inaccurate trade execution due to:
Vendor outages or API limitations.
Restrictions or parameters set by decentralized exchanges or third-party infrastructure providers.
Network congestion or blockchain-specific issues.
You understand that past performance does not guarantee future results, and cryptocurrency markets are highly volatile.
6. Risks and Assumptions
By using the Services, you acknowledge and accept the following risks:
Market Volatility: Cryptocurrency and event-based markets can fluctuate significantly in short periods, leading to potential losses.
Execution Risk: Trade execution may be delayed, incomplete, or inaccurate due to factors beyond Coinpilot’s control, including vendor restrictions, network congestion, or blockchain failures.
Smart Contract Risk: The Services rely on third-party decentralized exchange protocols and smart contracts, including Hyperliquid and Polymarket, which may have vulnerabilities, bugs, or unexpected behavior.
Oracle Risk: Prediction markets rely on external data sources, which may be delayed or inaccurate.
Regulatory Uncertainty: Cryptocurrency markets are subject to changing regulatory environments, which could affect your use of the Services.
You are responsible for conducting your own due diligence before making any trades.
7. Fees
Coinpilot charges service fees for the execution of mirrored trades. Our fee structure is tiered based on the asset class:
Perpetuals and Tokenized Stocks: A flat fee of 0.05% per transaction.
Prediction Markets: A service fee of 1.0% per transaction.
Fee Changes: Coinpilot reserves the right to modify these fees at any time. Updates will be reflected in the app interface.
Gas Fees: Coinpilot currently handles and pays blockchain gas fees on behalf of users for transactions executed through the Services.
Taxes:
You are solely responsible for determining and fulfilling your tax obligations related to transactions conducted through the Services.
8. User Responsibilities
You agree that you will not:
Use the Services for any illegal purpose.
Engage in market manipulation, wash trading, or front-running.
Attempt to disrupt the Services or circumvent the copy-trading mechanics.
9. Intellectual Property
All intellectual property related to the Services, including trademarks, logos, software, and content, is owned by Coinpilot or its licensors. You may not copy, reproduce, or distribute any part of the Services without prior written consent from Coinpilot.
10. Disclaimers and Limitation of Liability
No Investment Advice: Coinpilot does not provide recommendations.
Limitation of Liability: To the maximum extent permitted by law, Coinpilot shall not be liable for losses arising from your use of the Services, including errors in transaction execution or protocol failures.
11. Governing Law and Dispute Resolution
These Terms are governed by and construed in accordance with the laws of Hong Kong, without regard to conflict of law principles.
Arbitration Agreement:
Any disputes arising out of or relating to these Terms or your use of the Services will be resolved through binding arbitration under the laws of Hong Kong. The arbitration will be conducted in English, and the arbitrator’s decision will be final and binding.
Class Action Waiver:
You waive any right to participate in a class action lawsuit or class-wide arbitration against Coinpilot.
12. Contact Information
If you have any questions about these Terms or the Services, please contact us at:
Email: support@coinpilot.com
