Terms of Service

1Acceptance of Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User", "you", or "your") and PaperEx ("PaperEx", "we", "us", or "our"), governing your access to and use of paperex.tradeand all associated interfaces, APIs, and real-time streaming services (collectively, the "Platform").

By creating an account, clicking "Create account" or "Sign up with Google", or by continuing to use any portion of the Platform, you acknowledge that you have read, understood, and agreed to be bound by these Terms, our Privacy Policy, and our Risk Disclosure. If you do not agree to these Terms, you must not access or use the Platform.

2Nature of the Platform & Virtual Assets

PaperEx is designed to mirror Binance-style spot and perpetual futures trading interfaces using live, publicly broadcast market prices. You expressly understand and agree to the following fundamentals:

• Zero Monetary Value: The 10,000 USDT virtual faucet, portfolio balances, simulated assets (e.g., BTC, ETH, SOL), and trading profits are entirely fictitious bookkeeping entries. They hold no cash value, cannot be converted into fiat currency or real cryptocurrencies, and cannot be redeemed.
• No Deposit or Withdrawal Facilities: The Platform contains no mechanism for depositing real currency, digital assets, or tokens, and no mechanism for withdrawing funds. Any claim, solicitation, or third-party offer claiming to withdraw PaperEx funds is fraudulent.
• Not a Financial Institution: PaperEx is not a broker, bank, exchange, custodian, investment advisor, or money services business. We do not provide financial intermediation, custody, or clearinghouse functions.

3User Eligibility & Account Security

To create an account and access PaperEx trading features, you represent and warrant that:

• You are at least 18 years of age (or the legal age of majority in your jurisdiction).
• You provide a valid, accessible email address for transactional authentication and OTP verification codes.
• You are responsible for maintaining the confidentiality of your credentials and are fully responsible for all activities occurring under your account.
• You will notify us immediately at contact@paperex.trade if you suspect any security breach or unauthorized access.

4Market Feeds & Simulated Order Execution

PaperEx connects to Binance public market feeds (WebSocket and REST snapshots) to display real-time ticker prices, order books, and candlestick charts. Our automated background engine worker evaluates and executes orders according to the following principles:

• Simulated Limit & Stop Triggers: Limit orders and stop triggers are evaluated continuously against streaming public market trade prices and mark prices.
• Execution Disclaimers: Simulated execution cannot fully replicate real-world exchange liquidity, market depth, bid-ask spread widening during high volatility, FIFO queue delays, or market impact from large order sizes. Fills in PaperEx do not guarantee that identical orders would execute at the same price or time in live markets.
• Leverage & Liquidation Simulation: Simulated isolated margin positions with leverage up to 50x are subject to automated liquidation when the mark price reaches the calculated maintenance liquidation price. All liquidation calculations are synthetic simulations.

5Fair Usage & Prohibited Activities

You agree to use PaperEx solely for lawful educational purposes. You agree NOT to:

• Deploy automated bots, scrapers, or DDoS scripts that overload platform infrastructure, exhaust database connection pools, or disrupt service for other users.
• Attempt to probe, scan, breach, or bypass authentication controls, rate limits, or server security headers.
• Exploit calculation bugs, rounding anomalies, or worker delays to manipulate the leaderboard or destabilize the simulator.
• Use PaperEx to promote illegal schemes, financial fraud, impersonation, or deceptive services.

PaperEx reserves the right to rate-limit, suspend, or terminate any account found engaging in abusive conduct without prior notice.

6Intellectual Property

The PaperEx name, bull emblem, visual branding, user interface designs, custom graphics, and proprietary software code are protected by intellectual property rights. You may not copy, modify, distribute, or reverse-engineer our assets without explicit written consent.

Binance, TradingView, and third-party trademarks referenced on PaperEx are the property of their respective owners and are referenced solely to describe the data sources and technical compatibility of the simulator.

7Disclaimer of Warranties ("As-Is")

The Platform is provided on an "AS IS" and "AS AVAILABLE" basis, without warranties of any kind, whether express, implied, statutory, or otherwise.

PaperEx does not warrant that the Platform will be uninterrupted, error-free, timely, or immune from market data stream dropouts, WebSocket disconnects, or unexpected engine worker restarts. You assume full responsibility for your use of the simulator.

8Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall PaperEx, its developers, operators, or contributors be liable for any direct, indirect, incidental, special, punitive, or consequential damages arising out of or related to your use of, or inability to use, the Platform.

This includes, without limitation, any decisions made, real-world trades placed, or capital risked on third-party exchanges based on information or experience obtained on PaperEx.

9Modifications & Account Reset

We reserve the right, at our sole discretion, to modify, update, or replace these Terms at any time. Significant revisions will be reflected by the "Effective Date" at the top of this page.

We also reserve the right to reset simulated market balances, clear test orders, recalibrate leverage parameters, or retire simulated pairs in order to maintain platform performance and database health.

10Contact & Legal Inquiries

If you have questions, feedback, or legal inquiries regarding these Terms of Service, please contact us at: