1. Acceptance of these terms

By accessing or using KipenO ("the site"), you agree to these Terms of Use. If you do not agree, please do not use the site. We may update these terms from time to time; the "last updated" date above shows the current version, and continued use after a revision means you accept it.

2. Informational and educational content only

Everything on KipenO is provided for general informational and educational purposes only. It is not financial, investment, trading, legal or tax advice, and it is not a recommendation, offer or solicitation to buy, sell, hold or trade any asset or derivative. We do not provide portfolio management, brokerage, execution or advisory services. See our Risk & Compliance Disclosure and Disclaimer for details. Any decision you make based on this site's content is your own responsibility.

3. High-risk products: contracts, leverage and margin

Much of this site explains cryptocurrency perpetual futures and other leveraged or margined contracts. These are among the highest-risk products in crypto: leverage amplifies both gains and losses, price moves of a few percent can liquidate an entire margin balance, and in cross margin modes funds beyond a single position can be lost. Funding payments, gaps, slippage, system load and auto-deleverage can all increase losses. Nothing on this site suggests these products are suitable for any particular reader. You must assess your own experience, financial situation and ability to absorb total losses, and consider consulting a licensed professional before trading.

4. Restricted jurisdictions — no offer of investment advice

The site is published as general education accessible on the public web; it is not directed at, and does not provide regulated investment advice or investment services to, persons in jurisdictions where such activity requires authorization or is restricted — including, without limitation, jurisdictions applying the EU Markets in Crypto-Assets Regulation (MiCA), the United Kingdom under Financial Conduct Authority (FCA) rules, the United States, or any other territory where crypto derivatives, margin products or the communication of investment inducements are restricted. Nothing on this site is an offer, solicitation, inducement or personalized recommendation in any such jurisdiction. It is your responsibility to determine whether accessing this content and using any third-party trading service is lawful where you live.

5. Intellectual property

The text, structure and design of KipenO are owned by us and protected by applicable intellectual-property laws. You may read, share links to, and quote brief excerpts from our pages with clear attribution and a link back. You may not republish full articles, scrape the site at scale, or present our content as your own without written permission.

6. Acceptable use

You agree not to: attack or probe the site's infrastructure; attempt to disrupt service or overload our systems; misrepresent your identity when contacting us; or use the site in any way that violates applicable law in your jurisdiction.

7. Third-party links and affiliate relationships

Our pages may link to third-party websites and services, including crypto exchanges. Some of these links may be affiliate or referral links: if you register or transact through such a link, we may receive a commission or other benefit at no additional cost to you. Exchange buttons on the site are active affiliate/sponsored links to OKX, through which we may earn a commission at no additional cost to you. Third-party sites are governed by their own terms and policies; we do not operate those services and are not responsible for their content, availability, fees, eligibility rules or actions. Any rewards, rebates or promotions are set by the third party and may change or end without notice.

8. No warranties

The site is provided "as is" and "as available", without warranties of any kind, express or implied, including accuracy, completeness, fitness for a particular purpose or uninterrupted availability. Worked examples and calculator outputs are simplified illustrations and may differ from the real rules of any exchange.

9. Limitation of liability

To the maximum extent permitted by law, KipenO and its authors will not be liable for any direct, indirect, incidental or consequential loss — including trading or liquidation losses, lost profits or lost data — arising from your use of, or inability to use, the site or its content, even if notified of the possibility of such loss.

10. Changes to these terms

We may revise these terms at any time by updating this page. Continued use of the site after a revision means you accept the updated terms.

11. Contact

Questions about these terms can be raised through the contact details provided on our About page. A dedicated contact address for this domain is being configured; until then, queries can be actioned against the documentation cited in each article.