> For the complete documentation index, see [llms.txt](https://bitnex.gitbook.io/bitnex-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bitnex.gitbook.io/bitnex-docs/legal/community-terms.md).

# Community Terms

*Version 1 — July 2026. These terms supplement the Bitnex* [*Terms of Service*](/bitnex-docs/legal/terms.md) *and the Risk Disclosure. By signing the acceptance message with your wallet you agree to be bound by them.*

## 1. What Communities is

Bitnex Communities is a **social information layer**. Community creators ("operators") share their own, real trading activity on Hyperliquid as informational content. Members may view that activity and, if they choose, use its parameters as a **template** for their own orders.

**Nothing in Communities executes automatically.** Every order on Bitnex is configured, sized and cryptographically signed by the wallet that owns it. Bitnex is a non-custodial interface: it never holds funds and never trades on anyone's behalf.

## 2. Signed acceptance

Acceptance of these terms is recorded by signing an off-chain message (`personal_sign`) with your wallet:

```
Bitnex Communities — Terms acceptance v1
Role: user | operator
Wallet: 0x…
Timestamp: …
I have read and accept the Community Terms and the Risk Disclosure.
```

The signature is free (no gas), is not a transaction, and cannot move funds. Bitnex verifies and stores it as proof of acceptance. You sign once per role and wallet.

## 3. Terms for members ("user" role)

By signing as a user you acknowledge that:

1. Content in communities — including trades, statistics and win rates — is **user-generated information, not financial advice**, and not a recommendation to buy or sell any asset.
2. Past performance of a creator does not predict future results. Displayed statistics are derived from the creator's posted activity and may not reflect their full account.
3. When you use a trade as a template, **you** choose your own capital, review every parameter (price, leverage, Stop Loss, Take Profit, fees) and sign your own order. You are solely responsible for your trades and their outcomes.
4. Trading perpetual futures involves **high risk**, including the loss of your entire margin. Leverage amplifies both gains and losses.
5. Bitnex may remove content or communities that violate these terms.

## 4. Terms for creators ("operator" role)

By signing as an operator you additionally agree that:

1. Your community shares **your own real trading activity** as information. You must not present it as financial advice, portfolio management, or a promise of returns.
2. You must not charge for access to your Bitnex community, sell signals through it, or use it to direct users to other trading venues. Only whitelisted social links (X, Telegram, Discord, YouTube) are allowed on your profile.
3. You are responsible for the text you publish (community name, description, notes). Misleading claims — e.g. guaranteed profits, fake statistics — are prohibited.
4. You may earn through the Bitnex Referral Program when members join with your referral code. That is the only compensation mechanism connected to Communities.
5. Bitnex may suspend or delete communities that break these rules, at its sole discretion.

## 5. Privacy

* Member lists are never public; only aggregate counts are shown.
* A creator's wallet address is hidden by default and shown only if the creator makes it public.
* Signed acceptances (wallet, role, timestamp, signature) are stored by Bitnex as legal proof.

## 6. No warranties

Communities is provided "as is". Bitnex does not verify, endorse or guarantee any creator, community or trade. Availability of the feature may change or be discontinued at any time.

***

*If you do not agree with these terms, do not sign the acceptance message and do not use Communities. For the general rules of the platform, see the* [*Terms of Service*](/bitnex-docs/legal/terms.md)*.*


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