HEYBIT GLOBAL Product Change Agreement - ALPHA
Updated over a week ago

This agreement outlines the terms and conditions for participation in the promotion.

  1. Changes in Investment Conditions Due to Event Participation:

    1. If you apply for the event, and a bot is in operation the following day, the existing operating bot will be terminated by Heybit, and a new bot operation with a fixed 2x leverage will commence within 3 business days. If it is already terminated, it will be recreated and reactivated.

    2. The 2x leverage set for event participation cannot be individually adjusted. If adjusted individually, event benefits will be revoked.
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  2. Loss Guard Conditions:

    1. During the promotion period, 50% of the total losses incurred over 180 days of operation will be compensated. However, the maximum Loss Guard amount is limited to $10,000.

    2. The Loss Guard amount will be separately deposited into your Heybit wallet after 180 days of operation.
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  3. Benefit Application to Assets Under Management (AUM):

    1. Benefits apply only to the AUM of the bot in operation on the date of applying for the promotion.

    2. If it is in a terminated state, benefits apply only to the AUM first deposited after applying for the promotion.

    3. Any additional contributions are 100% excluded from the benefit.
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  4. In Case of Early Termination: If the customer terminates early of their own accord within 180 days of applying for the promotion, the 50% loss compensation benefit will be canceled.

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