§ Legal

RISK DISCLOSURE.

Read this before you arm a single strategy.

TRAPR is a software tool. It is not a broker, a fund, or a financial adviser. Nothing on this site or in the product is a recommendation to buy, sell, or hold any asset.

1

General — market information, not advice

Everything TRAPR shows you — phase labels, phase alerts, strategy descriptions, charts, and figures — is general market information. It is not personal financial, investment, legal, or tax advice, and it does not account for your circumstances, objectives, or risk tolerance.

Trading and investing in cryptocurrency carries a substantial risk of loss. You are solely responsible for your own decisions. If you need advice, speak to a licensed professional in your jurisdiction.

2

Backtest limitations — past performance is not future results

Figures described as "backtested" are simulations run over historical data (typically 2022–2026). Backtests are hypothetical. They are not live results and they are not a promise of future performance.

Backtests carry known limitations: they benefit from hindsight, they can under- or over-model real-world slippage, fees, funding, and liquidity, and they are subject to survivorship bias in the coins and periods selected. Live markets differ from historical ones. A strategy that performed well in a backtest can lose money going forward.

3

Leverage risk — amplified gains and losses

Some strategies can use leverage. On TRAPR leverage is optional, you choose the level, and the core spot strategies use none. Leverage multiplies your whole ladder — every safety order, every position — and it pulls the liquidation price closer to your entry. A smaller move against you is enough to reach it.

Leveraged positions can be liquidated by your exchange, and a liquidation can wipe out the capital committed to that position. Never apply leverage to money you cannot afford to lose.

4

Custody & API — your funds stay on your exchange

TRAPR never takes custody of your funds. Your assets remain in your own exchange account at all times. TRAPR connects through a trade-only API key: withdrawals are disabled at the key level, and you can revoke the key at any time.

Custody risk, exchange solvency, exchange downtime, and exchange security are the responsibility of the exchange you choose, not TRAPR. Market risk remains real even though custody risk with us does not.

5

No guarantee & jurisdiction — you are responsible

TRAPR does not guarantee profit, income, or any particular outcome. Anyone promising guaranteed returns in crypto is not being honest with you.

TRAPR is a software tool that executes the strategies you choose to arm. You are responsible for how you use it, for the capital you commit, and for confirming that using automated trading software and trading crypto is legal and permitted where you live. Access may be restricted in some jurisdictions. Never trade money you cannot afford to lose.