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Terms of service

Last updated November 12, 2026

These terms of service ("Terms") govern your use of the Bitlot website, apps and services ("Bitlot", "we", "us"). By creating an account or using Bitlot, you agree to these Terms. If you do not agree, do not use Bitlot.

1. The service

Bitlot is software that connects to your account on a supported cryptocurrency exchange through an API key you create, and places and manages trades on that account according to settings you choose. Supported exchanges are Binance, OKX, Bybit and Bitget.

  • No custody of trading funds. Your trading funds remain in your exchange account at all times. Bitlot does not hold, pool or control them.
  • No withdrawal capability. Bitlot only accepts API keys with read and trade permissions. It refuses keys with withdrawal permission and cannot withdraw from your exchange account.
  • Bitlot is not an exchange, broker, custodian or investment adviser, and does not execute trades on its own account.

2. Eligibility and restricted jurisdictions

You must be at least 18 years old and legally able to enter into these Terms. You may not use Bitlot where its use is prohibited by local law, where supported exchanges do not operate, or from any jurisdiction listed on our restricted countries page. We may restrict access based on your location, including by IP address.

3. Your account

You are responsible for keeping your Bitlot login credentials secure and for all activity under your account. Tell us promptly at [email protected] if you suspect unauthorised access.

4. Fuel balance and fees

  • Prepaid balance. Fees are paid from a prepaid "fuel" balance that you top up in the app. The fuel balance is held by Bitlot, separately from your exchange account.
  • Fee. Bitlot charges a fee of 20% of the realised profit on each winning close, deducted from your fuel balance. The fee is charged per profitable close, not on net profit. Losing closes are not charged and earlier fees are not refunded because of later losses.
  • Minimum balance. A minimum fuel balance (currently $5) is required to open new positions. Closing positions is never blocked. Your fuel balance may become negative after a fee is charged; any negative balance is settled from your next top-up.
  • Withdrawals. Unused fuel can be withdrawn, subject to the withdrawal process in the app and any applicable checks.
  • We may change fees with reasonable prior notice. Changes do not apply to closes that happen before the change takes effect.

5. Your responsibilities

  • Key security. You create, control and can revoke your exchange API keys. You must not grant withdrawal permission, and you should restrict keys to Bitlot's IP addresses.
  • Exchange terms. You must comply with the terms of your exchange, including its rules on API use, eligibility and jurisdictions.
  • Your settings and decisions. You choose which tools to use, the size of positions, leverage and exit levels. You are responsible for the trades placed on your account under those settings.
  • Lawful use. You must not use Bitlot for market manipulation, money laundering or any unlawful purpose, or attempt to interfere with the service.

6. No advice

Bitlot provides software tools and general educational content. Nothing on Bitlot is financial, investment, legal or tax advice, or a recommendation to buy or sell any asset. Signals, copy-trading leaders and strategies are information, not advice. Past results do not predict future results. Trading crypto assets carries a high risk of loss; see our risk disclosure. Bitlot provides no guaranteed outcome or return of any kind.

7. Availability

We aim to keep Bitlot available, but the service depends on exchanges, networks and third parties outside our control. Bitlot may be unavailable, delayed or inaccurate at times, including during exchange outages or API errors, and automated orders may not be placed, changed or closed as expected.

8. Limitation of liability

To the maximum extent permitted by law, Bitlot is provided "as is" and we are not liable for trading losses, lost profits, exchange actions or failures, or indirect or consequential losses arising from your use of Bitlot. Our total liability to you for any claim is limited to the fees you paid to Bitlot in the three months before the claim arose. Nothing in these Terms limits liability that cannot be limited by law.

9. Termination

You may stop using Bitlot and close your account at any time; revoke your API keys on your exchange to end access immediately. We may suspend or close accounts that breach these Terms, create legal or security risk, or are used from restricted jurisdictions. On closure, any remaining fuel balance is returned subject to applicable checks, after any negative balance is settled.

10. Changes

We may update these Terms. We will post the new version here with a new "last updated" date and, for material changes, notify you in advance. Continuing to use Bitlot after changes take effect means you accept them.

11. Contact

Questions about these Terms: [email protected].