Please read these terms carefully before using the Exbit platform. By accessing or using our services, you agree to be bound by these terms.
In these Terms & Conditions ("Terms"), the following definitions apply unless the context requires otherwise:
By using the Platform, you represent and warrant that:
Exbit reserves the right to restrict, suspend, or terminate access to the Platform for any User who fails to meet these eligibility requirements or who we reasonably believe poses a risk to the integrity of the Platform.
To access certain features of the Platform, you must register and create an account. You agree to provide accurate, current, and complete information during the registration process and to keep your account information updated at all times.
In accordance with applicable Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, we may require you to submit identity verification documents, including but not limited to a government-issued photo ID, proof of address, and a selfie for biometric matching. You agree to cooperate with all verification requests promptly. Failure to complete verification may result in restricted access to certain services.
You are solely responsible for maintaining the confidentiality and security of your account credentials, including your password, API keys, and two-factor authentication (2FA) devices. You must immediately notify Exbit of any unauthorized access or suspected breach of your account. Exbit will not be liable for any losses resulting from unauthorized access caused by your failure to secure your credentials.
Exbit may allow you to create sub-accounts for portfolio segregation or institutional use. Each sub-account is governed by these same Terms, and the primary account holder bears full responsibility for all activity across associated sub-accounts.
The Platform supports various order types including market orders, limit orders, stop orders, stop-limit orders, trailing stops, OCO (one-cancels-other), and post-only orders. Exbit does not guarantee execution of any order at a specific price. Market orders are executed at the best available price, which may differ from the displayed price at the time of submission due to market volatility and latency.
Margin trading and leveraged products are available to eligible Users. By using margin, you acknowledge that leveraged positions amplify both gains and losses. Exbit may liquidate your position if your margin ratio falls below the maintenance margin threshold. Liquidation prices are calculated in real time and may vary based on market conditions.
You agree not to engage in any of the following activities on the Platform:
Exbit reserves the right to cancel, reverse, or adjust trades that result from system errors, market disruptions, or clearly erroneous executions. We will exercise this right in good faith and in accordance with our trade-break policy, which is published separately on our support site.
The Platform charges fees for trading, withdrawals, and certain other services. A complete schedule of fees is published on the Fees & Limits page. Key fee categories include:
Exbit reserves the right to modify fee schedules at any time. Changes will be posted on the Platform and, where material, communicated via email or in-app notification at least 7 days in advance.
All content on the Platform, including but not limited to the software, code, design, text, graphics, logos, trademarks, and user interface, is the exclusive property of Exbit or its licensors and is protected by applicable intellectual property laws. You may not copy, modify, distribute, sell, or create derivative works based on any part of the Platform without prior written consent from Exbit.
The "Exbit" name, logo, and "EXB" token symbol are registered trademarks of Exbit Exchange Ltd. Unauthorized use of any Exbit trademark is strictly prohibited and may result in legal action.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EXBIT, ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR:
In no event shall Exbit's total aggregate liability to you for all claims arising out of or relating to these Terms exceed the greater of (a) the total fees paid by you to Exbit in the twelve (12) months preceding the event giving rise to the claim, or (b) USD $100.
These Terms shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to its conflict-of-law provisions. For Users located in the European Economic Area, nothing in these Terms limits any rights you may have under mandatory consumer protection laws of your country of residence.
Any dispute, controversy, or claim arising out of or relating to these Terms or the breach, termination, or invalidity thereof shall be finally settled by binding arbitration administered by the International Chamber of Commerce (ICC) in accordance with its Arbitration Rules. The seat of arbitration shall be Grand Cayman, Cayman Islands. The language of arbitration shall be English. The arbitral award shall be final and binding upon the parties.
You agree that any arbitration or proceeding shall be conducted on an individual basis and not as a class, consolidated, or representative action. You expressly waive any right to participate in a class action or class-wide arbitration.
If you have any questions about these Terms, please contact us at:
Twenty sections cover every aspect of your relationship with Exbit. Jump to any topic directly.
Exbit actively monitors for these behaviours. Violations lead to the consequences listed on each card.
Executing opposing orders with yourself or an affiliate to fabricate volume or pricing signals.
Consequence: PnL reversal and permanent account closure.
Trading ahead of a known client order, listing announcement or material non-public information.
Consequence: Disgorgement of profits and regulator referral.
Coordinated buying that inflates a thin market, followed by a synchronised exit into retail demand.
Consequence: Freeze of participating accounts and clawback.
Posting bids or offers you never intend to fill, then cancelling once the book reacts.
Consequence: Order-to-trade ratio throttle, then ban.
Accessing Exbit from OFAC, EU or UN-sanctioned territories, including via VPN obfuscation.
Consequence: Funds hold pending compliance review.
Using the platform to layer, structure or integrate proceeds of crime.
Consequence: SAR filing and full cooperation with authorities.
Bypassing rate limits, using undocumented endpoints, or resale of Exbit market data without a licence.
Consequence: API-key revocation and IP-range block.
Any act intended to mislead participants about price, supply, demand or order-flow integrity.
Consequence: Permanent ban and disclosure to peer venues.
Copying the Exbit brand, SDK code, UI or documentation for unauthorised resale or competitor products.
Consequence: DMCA takedown and civil action.
Every material change to these Terms is published with an effective date and a diff link.