Risk Disclosure
You can lose all of the capital you deposit on your exchange and use with Killbot. Cryptocurrency trading, especially with leverage, is highly speculative and involves substantial risk of loss. Never trade with funds you cannot afford to lose.
1. General Risk Warning
Killbot is automated trading software. Automated trading does not reduce the inherent risks of cryptocurrency markets, which include extreme volatility, limited regulation, security vulnerabilities, and the potential for total loss of deposited funds.
Past performance of any trading strategy — including Killbot — is not a reliable indicator of future results. Markets can and do change abruptly, and a strategy that performs well in one regime can lose money in another.
2. Specific Risks of Crypto Trading
Market volatility
Cryptocurrency prices can move 20%+ within a single hour. Individual tokens can lose 90%+ of their value in a single day. Bitcoin has experienced multiple 70%+ drawdowns in the past decade.
Leverage
Killbot may trade leveraged perpetual futures on your exchange account. Leverage amplifies both gains and losses. Liquidation events can close your positions automatically at significant loss. With 10x leverage, a 10% adverse move can wipe your margin.
Liquidity
During periods of market stress, liquidity may evaporate. Bid-ask spreads can widen dramatically, and stop-loss orders may execute at prices far worse than set. Exchanges may throttle, pause, or halt trading without notice.
Counterparty risk
Your funds are held on a third-party cryptocurrency exchange. If that exchange is hacked, becomes insolvent, or freezes withdrawals, you may lose access to your funds. Killbot has no control over, and no responsibility for, the operation of any exchange.
Regulatory risk
Cryptocurrency regulation is evolving. New laws, enforcement actions, or court rulings could force exchanges to delist tokens, suspend services in certain jurisdictions, or require new compliance procedures that interrupt your ability to trade.
3. Risks Specific to Killbot
Strategy risk
Killbot's trading strategy is based on machine learning models and rules tuned to historical data. Market conditions may change, and the strategy may underperform or lose money in live markets.
Technology risk
Killbot depends on working exchange APIs, internet connectivity, and cloud infrastructure. Outages at exchanges, at our cloud providers, or on your device can cause the bot to miss trades, fail to close positions, or open unintended trades.
Execution and slippage
Orders placed by Killbot may not fill at the price displayed. The actual fill price may be worse due to market movement, exchange delay, or low liquidity. Slippage is tracked per trade and reported in the app but cannot be fully eliminated.
Model staleness
Killbot retrains its models periodically on recent data, but between retrains, the model's edge may decay. We disclose model version and last retrain date in the app.
4. Killbot Is Not Investment Advice
Killbot does not tailor trading decisions to your personal financial situation, risk tolerance, investment objectives, or tax status. Killbot is not a substitute for the judgment of a registered investment adviser, broker-dealer, or financial planner.
If you are unsure whether Killbot is suitable for you, consult a qualified financial professional before use.
5. Paper Trading Is Not Live Trading
Killbot offers a paper trading mode with simulated funds. Paper trading results can differ materially from live results due to slippage, partial fills, exchange downtime, and user behavior under the stress of real losses. Paper results should not be relied on as a guarantee of live performance.
6. No Guarantees
Killbot does not guarantee any specific return, win rate, drawdown, or outcome. The historical track record displayed on killbot.cash and in the app is factual but backward-looking. Returns may be negative for extended periods.
7. Jurisdiction-Specific Risks
Killbot is not available in all jurisdictions. Certain features (including performance-based fees) may not be offered to residents of the United States and other regulated jurisdictions. It is your responsibility to determine whether your use of Killbot is lawful in your jurisdiction.
8. Your Acknowledgement
By using Killbot, you acknowledge that you have read, understood, and accepted this Risk Disclosure. You represent that you have the financial means, experience, and understanding to accept the risks described above. You agree that any loss resulting from your use of Killbot is your sole responsibility.
See also: Terms of Service · Privacy Policy · Additional Disclosures