Terms + Conditions
1) Introduction
These Terms & Conditions (“Terms”) govern your access to and use of the TradeGrid websites, applications, and related services (the “Platform”). By creating an account or using the Platform, you agree to these Terms, our Privacy Policy, and our Risk Disclosure (together, the “Agreement”). If you do not agree, do not use the Platform. No advice. The Platform is for skill-based competition and entertainment/education. We do not provide investment, legal, tax or financial advice.
2) Nature of Service
TradeGrid is a skill-based 1v1 trading arena using live market data for short timed matches (“Battles”). Players compete on a Battle Score derived from price movements and multipliers (see §6). We are not a broker, exchange, investment firm, payment institution or e-money issuer under UK law. “Coins” are in-app units used for entry fees and accounting of winnings. Coins are not legal tender, e-money, or securities. We may publish an in-app Payout Rate for converting Coins on withdrawal; this is unrelated to match scoring and may change with notice.
3) Acceptance of Terms
You accept these Terms when you create an account, click to accept, or otherwise use the Platform. We may update the Agreement from time to time (§15). Continued use constitutes acceptance of the updated Terms.
4) Eligibility & Accounts
You must be 18+ (or the legal age in your jurisdiction). You must not be in any restricted jurisdiction or subject to UK/US/EU/UN sanctions. We may maintain and update a restricted list from time to time. One account per natural person. You are responsible for safeguarding your credentials and for all activity under your account. We may require KYC/AML checks (e.g., before withdrawals, on risk flags or above thresholds). Failure or refusal may result in suspension or denied payouts.
5) Coins, Pricing & Fees
Entry fees and winnings accounting are denominated in Coins. We may charge processing/network fees (e.g., blockchain gas) on withdrawals; such fees are borne by you. Promotional credits/bonuses (if any) may be non-withdrawable or subject to conditions we specify in-app. Taxes (if any) are your responsibility.
6) Arena Rules (Game Mechanics)
6.1 Battle Format
Battles are 1v1, lasting exactly 10 minutes. Trading occurs with live market data in real time (subject to delays/outages in §6.9).
6.2 Objective & Winner
The objective is to achieve the highest final Battle Score by match end. The player with the higher final Battle Score wins, even if both scores are negative. Draw: if both players’ final Battle Scores are equal after rounding (see §6.8), the Battle is a draw.
6.3 Entry Fee & Prize Pool
Each player pays an entry fee (e.g., 25K Coins). The winner takes the full prize pool (e.g., 50K Coins). Draw: both players receive an entry-fee refund.
6.4 Minimum Activity Requirement
Each player must open at least one trade during the Battle. If one player finishes without any trade, the opponent automatically wins. If neither player opens a trade, the match is void and both entry fees are refunded.
6.5 Position Limits & Orders
Max 1 active position per instrument at a time (e.g., one long or one short; no hedging on the same instrument). You may hold positions across multiple instruments simultaneously. To re-enter the same instrument, you must close your existing position first. Only market orders are supported; no pending orders, stop loss or take profit.
6.6 Multipliers
Before each trade you may select a Multiplier: 1×, 2×, 3×, 4×, 5×, or 10× (default 1×). The Multiplier applies only to that trade and cannot be changed after opening. Gains and losses scale proportionally with the Multiplier.
6.7 Available Instruments
You may trade only from our predefined list of instruments [EDIT: link]. Instruments may be unavailable when markets are closed or outside active hours.
6.8 Result Calculation
6.8.1 Battle Score (price-difference based)
Long (buy): Score = (Close − Entry) × Multiplier
Short (sell): Score = (Entry − Close) × Multiplier
Final Battle Score = sum of all per-trade Scores in the Battle, including trades still open when the 10-minute timer expires; such trades are settled at the last available price at expiry.
6.8.2 Precision & Rounding
Instruments use their own tick size/precision. We compute per-trade Scores at engine precision; the final Battle Score is rounded to 6 decimals (round half up) for display and winner determination. Tie rule: if both players’ final Battle Scores are equal to 6 decimals, the result is a draw.
6.8.3 Illustrative examples
Long from 1.12500 → 1.12641, Multiplier 5× → (1.12641 − 1.12500) × 5 = 0.00705.
Short from 65000 → 64750, Multiplier 1× → (65000 − 64750) × 1 = 250.
6.9 Disconnections, Data & Settlement
You are responsible for your device and connection. Disconnections or local latency do not entitle you to refunds. Live market data may be subject to delays or outages. If a material platform or data issue affects fairness, we may void, replay, or refund a Battle at our discretion. Settlement at expiry uses the last available price.
6.10 Fair Play & Integrity
We may take action to preserve fair play, including voiding battles, issuing refunds, or suspending accounts where appropriate.
7) Withdrawals
Winnings (in Coins) appear in your dashboard balance after the match. You may reuse Coins for Battles or request a withdrawal via USDT (ERC-20) to your provided address. Withdrawal fees may include (i) blockchain network (“gas”) fees and (ii) third-party payment processor fees. These fees are variable and may change over time based on network conditions and processor pricing. The Platform will always display the total fee amount and the net amount you will receive in your dashboard before you confirm a withdrawal. By confirming a withdrawal request, you agree to the applicable fees shown at that time. We aim to process withdrawals within 24 hours. Network (gas) fees and any third-party fees are ultimately paid by you.
8) Prohibited Conduct
You must not: exploit bugs; abuse latency; multi-account; use bots/scripts or other automation for advantage; impersonate others; engage in chargeback abuse; launder funds; evade sanctions; scrape or harvest data; hack, probe, reverse-engineer, or circumvent security; or otherwise breach these Terms or applicable law. Consequences may include disqualification, forfeit of winnings, refusal of refunds, temporary suspension, permanent ban, withholding/recouping payouts, and reporting to authorities where required.
9) Intellectual Property
All Platform content, code, UI, and trademarks are owned by us or our licensors. We grant you a limited, revocable, non-exclusive, non-transferable licence to access and use the Platform per this Agreement.
10) Disclaimers & Risk Notice
The Platform is provided “as is” and “as available” without warranties of any kind, whether express or implied, including merchantability, fitness for a particular purpose, or non-infringement. We do not warrant uninterrupted or error-free operation, data accuracy, or availability. No investment advice. Past performance is not indicative of future results. You may lose your entry fees.
11) Liability & Indemnity (UK)
Nothing in these Terms limits or excludes liability for death or personal injury caused by negligence, fraud, or fraudulent misrepresentation, or any liability that cannot be excluded under English law. Subject to the foregoing, we are not liable for indirect, incidental, special, punitive or consequential damages; or for loss of profits, data, reputation, or business; whether arising in contract, tort (including negligence), or otherwise. Our aggregate liability to you shall not exceed the total entry fees you paid to us in the preceding 3 months. You agree to indemnify and hold us harmless from claims, liabilities, damages, losses, and costs (including reasonable legal fees) arising from your breach of the Agreement or applicable law.
12) Payments, Refunds & Chargebacks
Entry fees are final and non-refundable, except where the rules explicitly provide (e.g., draw, void for fairness) or we otherwise decide at our discretion. Unauthorized or abusive chargebacks may result in account suspension and recovery of the amounts, fees, and associated costs.
13) Compliance (KYC/AML/Sanctions)
We may conduct due diligence and monitoring consistent with UK laws, including the Proceeds of Crime Act 2002, Money Laundering Regulations 2017, and the Sanctions and Anti-Money Laundering Act 2018. We may block transactions, freeze balances, or close accounts to meet legal or risk requirements.
14) Privacy (UK GDPR)
We process personal data under UK GDPR and the Data Protection Act 2018, as described in our Privacy Policy [EDIT: link]. Supervisory authority: Information Commissioner’s Office (ICO). You may have the right to lodge a complaint with the ICO without prejudice to other remedies.
15) Changes to the Service & Terms
We may update features, pricing (including Payout Rate), and these Terms. Material changes will be notified in-app or by email and take effect upon posting (unless a later date is specified). Continued use constitutes acceptance.
16) Suspension & Termination
We may suspend or terminate access for breaches, suspected fraud/abuse, legal requirements, risk concerns, or inactivity. You may close your account at any time, subject to completing KYC (if required) and settling any open matters.
17) Governing Law & Dispute Resolution
These Terms are governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction. If you are a consumer resident outside the UK, you may benefit from mandatory consumer protections of your local law; nothing in these Terms limits those mandatory rights.
Exhibit — Arena Guide (Authoritative Summary)
1. 1v1, 10 minutes, live market data
2. Highest final Battle Score wins
3. Entry fee pooled → winner takes all; draw → refund
4. Open ≥1 trade; if neither opens, match void + refund
5. 1 active position per instrument, no hedging; market orders only
6. Multipliers: 1×–10× (set before trade; fixed)
7. Assets: predefined list; availability depends on market hours
8. Score: Long = (Close−Entry)×Multiplier; Short = (Entry−Close)×Multiplier; Final = sum of trades (closed + open settled at expiry price)
9. Withdrawals: USDT (ERC-20); user pays network fees; processing target ~24h
10. Fair Play: no bug/latency abuse, no multi-accounting; violations → DQ/suspension/ban