Trade Policy


Trade Policy

Effective Date: February 8, 2024

This Trade Policy ("Policy") outlines the terms and conditions under which you may access and use the trading services offered by Bino Exchange ("Platform"). By using Bino Exchange for trading cryptocurrencies, you agree to comply with this Policy.

1. General Trading Terms
Bino Exchange provides a platform for users to engage in cryptocurrency trading, including P2P Trading, Crypto BUY/SELL, and Spot Trading. All trades conducted on Bino Exchange must comply with the terms outlined in this Policy.

2. Types of Trading Offered

  • P2P Trading: Users can directly buy and sell cryptocurrencies with other users through the Platform. All transactions must adhere to the rules of the Platform to ensure fair and secure trading.
  • Crypto BUY/SELL: Users can instantly buy or sell a range of cryptocurrencies at market prices.
  • Spot Trading: Users can trade cryptocurrency pairs with market orders or limit orders, making it suitable for active traders looking to take advantage of market fluctuations.

3. Trading Account Requirements
To trade on Bino Exchange, you must create an account and complete the KYC (Know Your Customer) verification process. Unverified accounts may face limitations on trading activities.

  • All users must provide accurate and truthful information during registration.
  • Bino Exchange reserves the right to suspend or terminate accounts for any suspicious activity or violation of these terms.

4. Fees and Charges
Bino Exchange may charge fees for various trading services, including transaction fees, withdrawal fees, and any other applicable charges. All fees are clearly outlined on the Platform and may be updated periodically. By engaging in trading, you agree to pay all applicable fees.

5. Trading Limits
Bino Exchange may impose certain limits on the size and volume of trades, particularly in P2P transactions, depending on user verification levels and account activity. Limits are set to protect both the users and the Platform from fraudulent activities.

6. Market Orders and Limit Orders

  • Market Orders: When you place a market order, you agree to buy or sell cryptocurrencies at the best available price on the market. Market orders are executed immediately.
  • Limit Orders: Limit orders allow you to set the price at which you wish to buy or sell cryptocurrencies. Your order will only be executed if the market reaches your set price.

7. Trading Restrictions

  • Prohibited Activities: Users are prohibited from engaging in fraudulent, deceptive, or illegal activities during trading, such as market manipulation, using insider information, or facilitating money laundering.
  • Suspension of Trading: Bino Exchange reserves the right to suspend or cancel any trades that violate this Policy or in cases where trading conditions are irregular or unsafe.

8. Trade Confirmation and Settlement
All trade confirmations will be provided via the Platform once a trade has been executed. Trades are typically settled within a few minutes but may take longer due to network congestion or other technical reasons. The platform will notify you if there are delays in trade execution.

9. Risk Disclosure
Cryptocurrency trading involves substantial risk, and the value of digital assets can fluctuate significantly. By trading on Bino Exchange, you acknowledge that you understand the risks involved, including the potential for loss of funds, and that you are solely responsible for your trading decisions.

10. No Guarantee of Profits
Bino Exchange does not guarantee any profits from trading and is not liable for any losses incurred due to market volatility, system issues, or other factors outside of our control. Users are encouraged to trade cautiously and conduct their own research before engaging in any transactions.

11. Security Measures
Bino Exchange uses industry-standard encryption and security protocols to protect users' data and funds. However, users are also responsible for securing their account and trading activities by using strong passwords and enabling two-factor authentication (2FA).

12. Dispute Resolution
In the event of a dispute regarding any trade, users must contact Bino Exchange’s support team for assistance. If the issue cannot be resolved, users may be required to engage in arbitration, as outlined in the Terms of Service.

13. Amendments to the Trade Policy
Bino Exchange reserves the right to update or modify this Trade Policy at any time. Changes will be posted on this page with the updated date. It is your responsibility to review this Policy periodically.

14. Contact Us
If you have any questions regarding this Trade Policy or need assistance with your trading activities, please contact us at:

By trading on Bino Exchange, you acknowledge that you have read, understood, and agree to the terms set forth in this Trade Policy.

This Trade Policy was last updated on February 8, 2024.