TERMS OF SERVICE AND USER AGREEMENT
Last Updated: 30.07.2026
This Terms of Service Agreement ("Agreement") is a binding legal agreement between you ("User" or "you") and the creator(s) of the Algrid online service ("Developer", "we", "us", or "our").
By accessing, registering for, or using the Service through its web interface, you agree to be bound by the terms of this Agreement. If you do not agree to these terms, do not access or use the Service.
1. RIGHT TO USE
Subject to your compliance with this Agreement, Developer grants you a personal, revocable, non-exclusive, non-transferable, limited, and free right to access and use the Service strictly for your personal, non-commercial purposes.
2. INTELLECTUAL PROPERTY RIGHTS
The Service, including its web interface, design, algorithms, logic, and underlying source code, is the exclusive property of the Developer. This Agreement does not grant you any ownership rights. You may not reverse-engineer, decompile, copy, modify, distribute, or create derivative works from any part of the Service without explicit written permission.
3. NON-CUSTODIAL NATURE (NO ASSET CONTROL)
We do not touch your money. The Developer does not receive, hold, store, manage, or have access to your fiat currency, cryptocurrency, or any other financial assets. The Service operates purely as a technical web interface and automation tool that transmits trading commands (such as place order, modify, or cancel) to your independent third-party exchange or broker accounts via API connections. You retain full control over, access to, and responsibility for your assets at all times.
4. API KEY SECURITY AND ACCOUNT PROTECTION
You are solely responsible for maintaining the confidentiality and security of your account credentials and API keys. You explicitly agree to generate API keys with strictly limited permissions: you must enable "Read" and "Trade" permissions only. You must NEVER provide API keys that have "Withdrawal" or "Transfer" permissions enabled. We are not responsible for any unauthorized access to your exchange accounts, loss of funds, or malicious actions resulting from compromised API keys, whether leaked from your side, intercepted, or exposed due to service vulnerabilities.
5. THIRD-PARTY DEPENDENCIES
The Service relies entirely on external infrastructure, including third-party cryptocurrency exchanges, brokers, and their respective APIs. We do not control these external services. We are not liable for any financial losses or missed trades caused by exchange downtime, API rate limits, unexpected API changes, server latency, internet outages, or the suspension/liquidation of your exchange account by the third-party provider.
6. NO FINANCIAL OR INVESTMENT ADVICE
The Service is an automated trading tool provided solely for informational and technical execution purposes.
* Not a Broker/Advisor: Developer is not a registered investment advisor, broker-dealer, or financial analyst.
* No Guarantees: The Service does not guarantee any specific outcome, profit, or protection against loss. Past performance of any trading system or methodology is not necessarily indicative of future results.
* Total User Responsibility: You are solely responsible for all trades executed by the Service. You must configure, monitor, and manage the Service and your trading accounts.
7. SERVICE IN DEVELOPMENT (BETA PHASE) AND INHERENT BUGS
The Service is a work in progress. You expressly acknowledge and agree that the Service is in a continuous state of development (a "Beta" or experimental state). The code is not perfect and explicitly contains bugs, logic flaws, and execution errors. These inherent technical errors can and may result in unexpected behavior, including but not limited to: incorrect trade executions, failure to execute stop-losses, duplicate orders, infinite trading loops, or complete system crashes. You acknowledge that these errors can lead to the partial or total loss of your trading funds, and you accept this risk fully.
8. HIGH-RISK WARNING AND ASSUMPTION OF RISK
Trading in financial markets (including but not limited to stocks, forex, cryptocurrencies, and derivatives) involves a high degree of risk. You could lose some or all of your initial investment. By using this Service, you acknowledge and accept full responsibility for any financial losses, missed opportunities, or tax liabilities that result from your use of the Service.
9. DISCLAIMER OF WARRANTIES
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, DEVELOPER DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. DEVELOPER DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, BUG-FREE, SECURE, OR FREE OF EXECUTION ERRORS.
10. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE DEVELOPER BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES WHATSOEVER. THIS INCLUDES, BUT IS NOT LIMITED TO: loss of profits, loss of data, API keys, or financial losses due to service bugs, algorithmic errors, server downtime, or third-party failures. This limitation applies even if the Developer has been advised of the possibility of such damage.
11. INDEMNIFICATION
You agree to indemnify, defend, and hold harmless the Developer from and against any and all claims, damages, obligations, losses, liabilities, costs, or debt, and expenses arising from your use of the Service, your violation of this Agreement, or your violation of any third-party rights (including exchange API rules).
12. TERMINATION OF SERVICE
We reserve the right to suspend, restrict, or completely terminate your access to the Service at our sole discretion, at any time, for any reason, and without prior notice or liability.
13. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of Georgia, without regard to its conflict of law provisions.
14. SEVERABILITY
If any provision of this Agreement (including any clause related to privacy or liability) is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such invalidity shall not affect the enforceability of any other provisions. The remaining provisions of this Agreement shall continue in full force and effect.
15. MUTUAL PRIVACY, EQUAL STANDING, AND CONDITIONAL DISCLOSURE
To ensure a peer-to-peer relationship based on equality and mutual privacy, neither the Developer nor the User is required to disclose their personal identifying data (such as full legal name or physical address) to initiate the use of this free Service. By accepting this Agreement, both parties agree to the following framework:
* Equal Position: The Developer does not collect or know the User's personal identification data, and the User does not initially know the Developer's personal identification data.
* Conditional Disclosure for Disputes: If the User wishes to file a legal claim, initiate proceedings, or formally request the Developer's identification data, the User must contact the Developer through the communication channels provided in Section 16. Upon such request, the Developer will provide their full legal name and address. Similarly, the Developer reserves the right to request the User's full legal identification data in the event of a dispute.
* Confidentiality (NDA): Before the Developer's personal data is transmitted, the User agrees to be bound by a Non-Disclosure Agreement (NDA) to ensure the Developer's data is used strictly for legal proceedings and is not published or shared publicly.
* Unconditional Binding Effect: You explicitly agree that this Agreement is fully valid, legally binding, and enforceable against you from the exact moment you accept it, as if both parties' full legal names and addresses were explicitly printed in this document from the start. The temporary withholding of identities for mutual privacy does not void, cancel, or weaken any terms of this Agreement, including all liability waivers.
* Independent Discovery: If you independently discover the Developers identity without a formal request, this Agreement remains in full force, and all protections, indemnifications, and limitations of liability apply unequivocally to protect that specific individual.
16. CONTACT INFORMATION
To request Developer identification details (in accordance with Section 15) or for other inquiries, please contact:
Email: xungao@protonmail.com