This Copy Trading Elite Trader Agreement ("Agreement") is entered into between [bitcastle] (referred to as "We", "Us" or "the Platform"), and the individual or entity identified as the "Elite Trader" (referred to as "You" or "Your").
1. Responsabilities
1.1 You agree to provide accurate and timely trading signals on the Company Platform.
1.2 Please note that Elite Traders are strictly prohibited from publishing any material or information containing defamatory language, infringing or unlawful content and violates the rights of bitcastle.
1.3 Elite Traders are responsible for managing the position risk of their Followers. When an open position under the Elite Trader is liquidated, their followers' respective positions will also be liquidated.
1.4 You agree not to engage in any fraudulent or manipulative activities on the Company Platform.
1.5 Please do not trade or transfer any assets to your Copy Trading account while your application is being reviewed.
2 .Copy Trading Platform Rules
2.1 Do not create multiple bitcastle accounts and copy other Elite Traders strategies.
2.2 Do not promise guaranteed profits to Followers as a way of gaining more exposure or increasing your followings.
2.3 Do not engage in fraudulent or malicious activities as a way of increasing your number of Followers or attracting more investments.
2.4 Do not hold on to losing positions with the intention to manipulate your win-rate performance.
3. Penalties
3.1 bitcastle may issue a warning to Elite Traders who failed to conform to the platform rules.
3.2 Your Elite Trader ranking may be negatively impacted and trading restrictions may be imposed.
3.3 The Platform shall have the right to suspend or terminate Your account if it deems Your trading signals to be inaccurate, misleading, or in violation of any applicable laws or regulations. In other words, Elite Traders may be banned and may be disqualified from profit-sharing incentives.
3.4 Profit sharing income gained from copy trades violating platform rules may be confiscated.
4. Appointment
4.1 By agreeing to this Agreement, You appoint the Platform to facilitate the copying of Your trading signals by Followers on the Platform.
5. Termination
5.1 Elite trader can freely and easiy revoke their status on the Platform.
5.2 The Company may suspend or terminate Your account if it determines that You have violated this Agreement or engaged in any prohibited activities.
6. Governing Law
6.1 This Agreement shall be governed by and construed in accordance with the Applicable Law
7. Miscellaneous
7.1 This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements.
7.2 Amendments to this Agreement must be made in writing and signed by both parties.