Terms of use

binXbase is a crypto exchange interface running on live market data and simulated money. Prices, order books, trade tapes and candles stream from Binance’s public feeds. Everything about your account — balances, orders, fills, fees, funding payments, liquidations — is written to this site’s own double-entry ledger, in units that correspond to no asset anywhere.

That combination is the entire product. The market you trade against is real enough that a badly sized order gets a badly priced fill. The money you lose on it is not real at all.

It is a demonstration and a piece of software. It is not a financial service, an exchange in the regulated sense, a broker, a custodian or a payment service, because none of those activities take place here. Using the site means these terms apply to you. If you would rather they did not, stop using it — nothing here is holding anything of yours.

How this works is the long version: what is real, what is simulated and what is absent, row by row.

binXbase — a crypto exchange and Web3-AI company, founded in 2026, serving a global audience. That is who operates this site, and these terms are its description of the service. What follows is what does not stand behind that name, stated directly, because on an exchange each of these is something a reader might otherwise assume.

• There is no exchange licence and no financial regulator. binXbasedoes not hold an exchange licence and is not supervised by a financial regulator, and nothing on this site is a regulated service. Not pending, not in a sandbox, not exempt — absent. Nothing here needs to be authorised: no client money is held, no asset is custodied, and no regulated activity is carried on.
• There is no deposit insurance, no compensation scheme and no proof of reserves, because there are no reserves. The nearest checkable thing is system status, which reports whether the market data is streaming right now.
• These terms choose no governing law and no forum. Nothing in this document compels arbitration, waives a class action or picks a court. Whatever rights you have where you live, it does not touch them.

An account here is an email address, a hash of a password, and a set of ledger rows. That is the whole of it.

• Anyone can create one. There is no identity check, no KYC, no proof of address and no age verification. A person reviews every withdrawal request, but that operational decision is not identity verification. You are responsible for whether using this software is lawful where you are. Nothing on this site checks.
• Your email address is never verified. There is no email delivery of any kind from this product, which has one consequence worth planning around: a forgotten password cannot be reset, and losing it means losing access to that account and its history.
• You are responsible for activity under your account. Keep the password to yourself. Sessions last thirty days and renew as you use the site; signing out clears the browser you are in and no other, because sessions are stateless and cannot be revoked remotely.
• Every account starts the same way, with a fixed opening balance of simulated USDT that the system issues to itself. Holding several accounts is not policed and gains you nothing, since the balances are worth nothing.

Account settings lets a signed-in user change their password after proving the current one. Two-factor authentication, device revocation and API keys do not exist yet, and the page says so plainly.

Everything in your wallets is a number in a database. Specifically, it is:

• Not money. Not e-money, not currency, not a stablecoin, not a token, not a voucher, not a security, not a claim on anything or anyone.
• Not redeemable for value. There is no price at which a balance can be sold and no rate at which it converts to cash or a real asset. A configured withdrawal can reserve any eligible spot balance, regardless of how it was credited, and after human review send a corresponding test-network token from the shared treasury. Those tokens have no monetary value.
• Not a payment. An internal transfer moves a balance between your own spot, futures and funding wallets. A configured test-network withdrawal may send worthless test tokens to an address, but there is no gift, tip, fiat payment or transfer of monetary value.
• Not valuable. Nobody is obliged to give you anything for it, including the operator, and any figure describing your account was generated by this system for demonstration.
• Resettable. If the ledger is migrated, rebuilt or wiped, your balances, orders, positions and history go with it. There is no backup you are entitled to, no export, no restoration and no compensation — and nothing to compensate, which is the point. Treat every figure you see as disposable.

The deposit page credits simulated funds on request. It posts a balanced pair of entries against an internal contra account, so the books stay square and the total this system has issued itself stays visible. It is not a payment. No payment method of yours is connected to this product — no fiat rail, no card, and no on-chain rail outside test networks — so nothing can ever be charged to you.

Orders execute against a real book. When you place one, the server fetches the live order book at that moment and walks it, and your fill price is the volume-weighted price of the levels your order actually consumes. A limit order that does not fill rests, and is swept against later prices. Perpetual positions carry margin, pay and receive funding, and are liquidated when the margin is gone. All of it settles as double-entry ledger entries, which is why the numbers in your account add up.

Fees are charged. They are simulated fees taken out of simulated balances at two flat taker rates — one for spot, one for perpetuals — with no maker discount and no volume tiers, because there is no revenue to differentiate. Fees documents both rates, the rounding and a worked example. Rounding runs against you on purpose: quantities round down and fees round up, the same direction a real venue rounds them.

An open perpetual position keeps running while you are not watching: funding is charged or paid on an eight-hourly schedule, and a position can be liquidated on a price move that happens while you are asleep. That is deliberate — it is how the real instrument behaves — and it is the one way a balance can change without you touching anything.

This is the clause a real exchange has no reason to write, and the one most likely to save you money. Simulated results have structural limits that a real fill does not, and a reader who does not know them will learn the wrong lesson from a good week here.

• Your order has no market impact. Real size moves the book against you. Yours never does, at any size, because the book you fill against is a read-only copy of someone else’s.
• There is no race. The book is read server-side at the instant of execution, so nobody faster takes the level you were aiming at, and no order of yours is ever beaten to a price.
• Resting orders fill on a sweep, not on the print. The sweep runs every five seconds. On a fast move that is the difference between a fill and a better fill, in both directions.
• Depth is bounded. Fifty levels of the book are read for execution. An order larger than that leaves a remainder — which expires for a market order and rests for a limit order — rather than filling at a price nobody quoted.
• Venue-side risk checks are not modelled. Self-trade prevention, position limits, order-rate limits and the other rejections a real venue applies to a real account do not happen. The only rules enforced here are the instrument’s own.
• Nothing costs you anything but attention. The largest single input into real trading behaviour — that the loss is yours — is the one thing a simulator cannot reproduce.

How this works walks through the same gaps in more detail, alongside what the simulation does model.

The market data is real and none of it is ours. Prices, order books, trades and candles come from Binance’s public feeds. Asset reference data — names, marks, supply and market capitalisation — comes from CoinGecko. Fiat reference rates come from the European Central Bank’s daily publication. We license none of it to you and grant you no rights in it; if you want to build on any of it, take it from the source under their terms.

It is provided as it arrives. It can lag, gap, arrive out of order or stop entirely. When a live stream goes quiet the site falls back to periodic polling, which is slower and coarser than the stream it replaces. A number that has stopped moving looks exactly like a number that is stable, which is why system status exists and why the terminals show a feed badge rather than hiding a degraded state.

It is not a quote. Nothing displayed here is an offer to transact, and you cannot act on it anywhere — including at the venue it came from, where the price will have moved and the size may never have been available to you. Neither the venues nor the operator warrant that any figure on this site is accurate, and no figure can be corrected after the fact.

The market commentary on this site is generated by a language model — Anthropic’s API — from the same live figures the charts render. The model is handed the numbers rather than asked to recall them, which removes one failure mode and none of the others: it can still misread structure, overstate a pattern, or be fluently and completely wrong.

It is commentary, not a signal. The model is instructed not to recommend a trade, name a price target or imply that a prediction is reliable, and it is one reading of a chart you can check yourself. When you request an analysis, the market data for that symbol is sent to Anthropic to produce it; no account information is included. If the feature is not configured, it says so rather than failing quietly.

Nothing on this site is investment, financial, legal, tax or accounting advice, and nothing here is a recommendation to buy, sell or hold anything. That covers the market pages, the terminals, the tools, the commentary and the education.

Learn is education and is written as education: how an order book works, what separates a limit order from a market order, what a fill actually costs, how perpetuals and funding fit together, and how position size is the one input you fully control. It exists to make you a more literate reader of a market, not to tell you what to do in one.

No relationship is created by using this site — not brokerage, not custody, not advisory, not fiduciary, not agency. Those relationships carry duties, and duties follow the activity that creates them. None of that activity happens here.

The line is simple: use the site the way a person uses a website. Do not use it as an input to something that costs the operator, the upstream venues or another user something. Specifically, do not:

• Automate at a rate no person could. This site publishes a read API with no keys and no rate limit. That is a statement about what is implemented, not permission to hammer it. Everything here is read from a public venue feed, and traffic that damages that relationship is the one form of abuse on this site with a real-world victim.
• Scrape wholesale. The market data is not ours to pass on to you in bulk, and collecting it through this site is a way of taking it from someone else without agreeing to their terms.
• Reach for another account’s data. Every balance, order and position query is keyed to the signed-in user. Probing for one that is not yours is not research, and neither is replaying somebody else’s session.
• Abuse the ledger. Hunting for a way to mint a balance, replay a deposit, double-spend a reservation or force a fill the book does not support is not a clever trade — it is a bug. Nothing you could mint is worth anything, so the only thing gained is a broken demonstration for everyone else. There is nowhere to report it — see clause 18 — so the whole of the ask is that you do not farm it.
• Pass off output from this site as real trading. Screenshots of a paper account presented as a real record, to raise money or to sell a course, are the specific dishonesty this entire product is built against.
• Break the site for other people, or use it to attack anything else — including the venues it reads from.

There is no enforcement machinery beyond the ability to remove an account and to stop serving a request. That is the whole of it, and it is stated so that nobody imagines a compliance function standing behind this clause.

There is no uptime commitment, no service level, no support window and no maintenance schedule, because there is nobody on call to honour one. The site can be down. It can also be up while the market data behind it is stale, which is a different failure and a more dangerous one.

System status distinguishes the two. It reports the ingest worker rather than the web server, on the reasoning that a health check which stays green while every price is an hour old is worse than no health check at all. It is rendered fresh on every load, so reloading it is the reading.

Any part of this product can change, degrade or disappear without notice, including the parts you use most and the ones this document describes.

In the plainest form that is true:

• The site is the operator’s work — its code, design, diagrams and words. Read it, link to it, quote it with attribution. Do not present it as your own product.
• The market data is not ours and is not licensed to you. The venues’ own terms govern their data, and passing through this site changes nothing about them.
• Asset names, marks and logos belong to their projects and appear here only to identify a market. No endorsement, affiliation or partnership is implied by any of them, and none exists.
• You keep whatever you write, which is nothing: there are no posts, comments, uploads or public profiles on this site. That is why there is no content licence to grant here and no takedown process to run — a normal terms document names an agent to receive infringement notices, and there is nothing for one to receive.

What is stored: your email address, a hash of your password, a session cookie, and your account activity — balances, ledger entries, lending records, orders, fills, watchlists, price alerts and notification choices. Configured test-network deposit and withdrawal flows also store the public blockchain addresses they use; they never collect a private key or recovery phrase. What is not stored: payment-card details, identity documents, or any third-party analytics, advertising or tracking. There is no cookie banner because there is no tracking cookie to consent to.

Privacy is the full statement, including who the data is shared with (nobody), which requests leave the server rather than your browser, and the current position on deletion.

You can stop at any time. Sign out and close the tab. Nothing bills, nothing accrues and nothing continues on your behalf, with one exception worth knowing: an open perpetual position keeps paying funding and remains liquidatable until it is closed.

An account can be suspended or removed, and the service can be discontinued, at any time and without notice. Since nothing of value is held, nothing of value is lost — that is a consequence of the design rather than a disclaimer hiding behind one.

Self-service deletion does not exist yet. There is no button on this site that removes your account, and saying otherwise would be the easiest lie available. Deleting an account is meant to remove the user record and the trading accounts, balances and orders attached to it, and account settings is where that control will live. Until it does, an account persists until the operator removes it or the ledger is reset.

This page is always the current version, and the date at the top is when it last changed in substance. There is no previous-version archive; if the wording matters to you, keep your own copy.

You will not be notified. There is no email delivery from this product, so there is no channel through which a change could be announced. The honest instruction is therefore the mechanical one: check the date at the top. If it has moved since you last read this, something changed.

Continuing to use the site after a change means the current version applies. That is the ordinary rule everywhere, and it is worth noticing that here it is the only rule available.

“As is” is a term of art, and it is worth saying what it means before asserting it. It means you take the software in the state it is in, and no promise is made that it is fit for any particular purpose — including the purpose you have in mind.

Concretely, there is no promise that:

• any price, book, trade or candle on this site is accurate, current or complete;
• a fill here resembles the fill a real venue would have given you;
• the site is available, or will be tomorrow;
• your account data survives — see clause 4;
• anything works at all.

Some of that is unavoidable: the data belongs to a third party and can be wrong before it ever reaches here. Some of it is a choice — this is a demonstration of an exchange, built to be checked rather than trusted, which is why How this works and the read API exist at all. Verification is worth more than any warranty a page could print.

A limitation of liability says that if using something causes you a loss, the party that provided it will not pay for it. Real exchanges cap this at a fixed sum, often a strikingly small one, because they hold real assets and can therefore cause real losses.

Here, the honest version is shorter. What cannot be lost:

• No money of yours is held, so there is no balance to lose.
• Nothing of value is held — the one settlement rail runs only on test networks, whose tokens are worth nothing — so there is nothing to be misappropriated.
• No payment method of yours is connected, so nothing can be charged to you.

What genuinely can be lost, in ascending order of seriousness:

• Your time.
• The data in an account, if the ledger is reset or the account is removed.
• Money elsewhere — if you carry a lesson learned here into a real market and the lesson turns out to be an artefact of the simulation. Clause 6 lists the artefacts, and that risk is entirely yours.

To the fullest extent the law allows, the operator is not liable for any of it — direct, indirect, incidental or consequential — arising from the use of this site, its unavailability, or reliance on anything it displays. Where the law does not allow such a limitation, the law wins and this paragraph does not attempt to change that.

There is no support desk. No ticket queue, no live chat, no support address, no phone number and no response time. Nobody is staffing anything, and a contact form that quietly goes nowhere would be worse than this paragraph.

What is available instead, and what each is good for:

• System status — whether market data is streaming right now, and what the site falls back to when it is not.
• How this works — what is real, what is simulated and what is absent, with the failure modes named.
• Fees — both rates, the rounding direction and a worked round-trip.
• Developers — the read API this site runs on, if you want to check a number yourself rather than take it from a page.

For a defect — particularly one in the ledger — there is no reporting channel today. If one is opened, it will be linked from here.