1. Introduction
2. Prohibited Activities
A. Unethical Trading Practices
- Wash Trading: Simulating trading activity with no actual risk to inflate volumes artificially.
- Spoofing: Placing deceptive orders to mislead others about market supply or demand.
- Pump-and-Dump Schemes: Driving up asset prices artificially before offloading for profit.
B. System Abuse & Security Violations
- Attempting to hack, phish, or gain unauthorized access to MagicTradeBot’s systems, APIs, or user accounts.
- Reverse engineering, decompiling, or modifying the Service’s code.
2: Malware: Deploying viruses, ransomware, or any other malicious code.
3: Bot Abuse: Straining infrastructure with excessive API calls or automated scraping.
C. Spam & Fraud
- Spam: Sending unsolicited messages (e.g., emails, alerts) through the Service.
- Impersonation: Falsely claiming affiliation with MagicTradeBot or partner exchanges.
- Fraudulent Activity: Using stolen payment methods, credentials, or forged identity documents.
D. Illegal or Harmful Content
- Illegal Activities: Using the Service for money laundering, terrorist financing, or tax evasion.
- Harassment: Engaging in threatening, defamatory, or discriminatory behavior on the platform.
E. Regulatory Non-Compliance
- Jurisdictional Violations: Accessing the Service from restricted or embargoed regions.
- Exchange Rules: Violating the terms of service of integrated exchanges (e.g., Binance, Coinbase).
3. Ethical Trading Standards
- Transparency: Clearly disclose risks when sharing strategies with others.
- Fair Use: Avoid exploiting systemic weaknesses or destabilizing markets.
- Compliance: Abide by all applicable laws, including AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.
4. Monitoring & Enforcement
Proactive Monitoring: We use automated tools and manual reviews to detect AUP violations.
Consequences:
- First Offense: A warning and temporary account suspension.
- Repeat Offenses: Permanent termination and forfeiture of any subscription fees.
- Severe Violations: Immediate termination, legal action, and potential reporting to authorities.
5. Reporting Violations
Report suspected AUP violations to: abuse@magictradebot.com (Subject: "AUP VIOLATION REPORT").
6. User Responsibilities
- Account Security: Protect your login credentials, API keys, and devices used to access the Service.
- Third-Party Tools: Ensure external scripts and plugins comply with this AUP.
- Due Diligence: Confirm your strategies follow exchange policies and local regulations.