[INTRODUCTION]

These Terms and Conditions (hereinafter referred to as the "Agreement") govern the use of the services provided by the Binam.io platform (hereinafter referred to as the "Company" or "Binam"). By registering on the platform and using its services, the user (hereinafter referred to as the "Trader") accepts all terms of this Agreement.

[GENERAL PROVISIONS]

Binam provides access to trading through its proprietary terminal, integrated with the Bybit exchange (futures). Future support for other exchanges will be added.

The Trader undergoes a two-phase challenge to verify their trading skills.

Upon successfully completing the challenge, the Trader receives a funded account and is entitled to 90% of the trading profits.

The Trader must comply with Binam’s risk management rules and trading conditions.

[PRICING PLANS]

The Trader can choose from five pricing plans:

Starter: $5,000 (Max. daily loss: $250, Max. overall loss: $500, Profit target: Step 1 — $500, Step 2 — $250)

Pro: $10,000 (Max. daily loss: $500, Max. overall loss: $1,000, Profit target: Step 1 — $1,000, Step 2 — $500)

Elite: $25,000 (Max. daily loss: $1,250, Max. overall loss: $2,500, Profit target: Step 1 — $2,500, Step 2 — $1,250)

Master: $50,000 (Max. daily loss: $2,500, Max. overall loss: $5,000, Profit target: Step 1 — $5,000, Step 2 — $2,500)

Legend: $100,000 (Max. daily loss: $5,000, Max. overall loss: $10,000, Profit target: Step 1 — $10,000, Step 2 — $5,000)

[CHALLENGE CONDITIONS]

The challenge consists of two phases:

Step 1: Achieve a 10% profit target while adhering to risk management rules (max. daily loss: 5%, max. overall loss: 10%).

Step 2: Confirm trading skills with a 5% profit target (same risk limitations apply).

The minimum required trading days: 5.

If the Trader does not place any trades within 15 days, the challenge is considered failed.

Upon successful completion of the challenge, the Trader undergoes KYC verification and signs an agreement with a partner company.

[FUNDED ACCOUNT]

The Trader receives 90% of the profits. Withdrawals can be requested at any time. Trading is available on supported cryptocurrency exchanges. If the exchanges accessible through Binam are restricted in the Trader's country, they will continue trading on a demo account but can still withdraw 90% of virtual profits.

[PAYMENT AND INTERNAL TOKEN]

Challenge participation fees can only be paid in cryptocurrency. The Binam internal token cannot be purchased but is earned by completing specific tasks. Tokens can be used for discounts on challenge participation.

[PARTNERSHIP PROGRAM]

An application is required to join. Partners earn 20% of the challenge fee from each referred Trader, paid in Binam tokens. Tokens can be exchanged for USDT at a 1:1 ratio. Partners cannot earn tokens from tasks other than referring new Traders.

[FINAL PROVISIONS]

The Company reserves the right to modify the challenge conditions and platform features. Continued use of the platform constitutes acceptance of the updated terms. Disputes are resolved in accordance with the jurisdiction specified in the partner company’s agreement.

Terms of Use

Welcome to Binam.io!

At Binam.io, we focus on two key aspects: providing traders with financial education and offering opportunities to earn profits as a result of that education. These TERMS AND CONDITIONS (the "Terms") define the rights and obligations of all users ("You") regarding the use of this website operated by Binam ("Company," "we," or "us"). By using any of our services on the Company’s platform, you declare and guarantee that you have the right to be bound by these Terms. If you do not agree with these Terms, you may not access or use our services.

Please read the Terms carefully.

1. Our Platform

1.1 Binam.io Trader Services

1.1.1. We provide a platform and tools for training and skill enhancement in simulated trading on cryptocurrency futures markets. Currently, we offer access to Bybit futures trading via our proprietary terminal, with additional cryptocurrency exchanges to be added in the future.

1.1.2. Before you can trade for real profit, based on your acquired knowledge, you must complete one of our evaluation programs and successfully pass the challenge.

1.1.3. Throughout each stage of our challenge, you will receive ongoing support from our team, as well as access to educational materials and training videos.

1.1.4. Successful completion of our evaluation stages grants you access to a funded account, where you can trade with real capital and retain 90% of your earned profits.

1.1.5. You acknowledge that any operation you perform using our service is simulated and does not involve real funds until you complete the challenge and are granted a funded account.

1.1.6. By using our services, you agree to adhere to our trading objectives and risk management rules.

1.2 Third-Party Services

1.2.1. You acknowledge and accept that the Company may provide access to third-party applications or services.

1.2.2. You may choose to connect your account to third-party services. By doing so, you confirm and accept that you consent to the continuous disclosure of your information to such third parties (subject to your privacy settings on those platforms). If you do not want your information to be shared in this way, do not use this feature.

1.3 Changes to the Terms

1.3.1. The Company may modify these Terms or any related policies at its discretion at any time.

1.3.2. You are responsible for reviewing such updates and any applicable changes.

1.3.3. Your continued participation on the Platform, use of any Company Services, or any Company tools constitutes your acceptance of such changes.

1.3.4. If you do not agree with any changes, you must immediately stop using the Company’s platform, services, or tools.

1.4 Privacy

Your use of Binam.io is governed by our Privacy Policy.

Please review our Privacy Policy, which also regulates the use of the site and informs users about our data collection practices.

1.5 Electronic Communication

Visiting binam.io or sending us emails constitutes electronic communication. You agree to receive electronic communications and acknowledge that all agreements, notices, disclosures, and other communications that we provide to you electronically via email and the website meet any legal requirements for written communication.

2. Availability

You understand and acknowledge that the Company’s platform may sometimes be unavailable or inoperative due to:

i. Equipment malfunctions;

ii. Periodic maintenance or repair that the Company may conduct from time to time; or

iii. Causes beyond the Company’s control or that cannot be reasonably foreseen by the Company.

3. Account Management 3.1. Account Registration 3.1.1. When you purchase one of our training packages, you will receive login credentials for the Binam platform

3.1.2. You are not allowed to share your password with any third party, except for authorized Binam employees.

3.1.3. You must provide only accurate, up-to-date, and complete information and update it in a timely manner. Providing false information will result in the cancellation or rejection of your account.

3.1.4. Any activity conducted through your account on the platform will be deemed as your own.

3.1.5. Under our service, you will only receive a DEMO account, which is intended for participation in the training program and Challenge evaluation.

3.1.6. Binam has the right to rely on the contact and other details provided by you during account registration.

3.1.7. Your account is NON-TRANSFERABLE AND NON-ASSIGNABLE to third parties.

3.1.8. You have the right to cancel your registration at any time.

3.1.9. Binam is not responsible for any unauthorized access to your account due to theft, hacking, or misuse of your credentials.

3.1.10. We reserve the right to refuse service, terminate accounts, remove or edit content at our sole discretion, without explanation and with immediate effect.

3.1.11. To receive payments upon successful completion of training, the client must complete a KYC (Know Your Customer) verification process.

3.2. Account Setup 3.2.1. Once your registration is complete, you can set up your account for participation in the evaluation process, which consists of one or two phases.

3.2.2. After you place an order and pay for the training package, your credentials for the selected trading platform will be emailed to you within minutes to 48 hours.

3.2.3. Currently, Binam has disabled free training trials until further notice.

3.2.4. It is strictly prohibited to lend or receive services from third parties, including account boosting, leasing accounts, or transferring access in exchange for profits. Violation of this rule will result in the suspension of all active accounts of the involved parties.

4. Prohibited Usage / Usage by Minors The Binam platform is only available to individuals who have reached the legal age of majority in their jurisdiction (typically 18 years or older). If you are under 18, you are not permitted to use this site.

5. Fees and Payments 5.1 Registration Fees 5.1.1. To access the Binam training program and evaluation process, you must pay a one-time registration fee based on your chosen funding level. This fee grants access to our Evaluation Process but does not guarantee a diploma, financial reward, or refund if you fail to complete all required phases.

5.1.2. Binam does not provide refunds for the registration fee, regardless of the progress or results in the evaluation process.

5.2 Demo Funds & Earnings 5.2.1. All funds allocated to your account during Phase 2, or the Live phase are DEMO funds. These are not real funds and cannot be used for actual trading on live markets.

5.2.2. Any profits generated during Phase 2 are not real and cannot be withdrawn. These profits serve only as a performance metric within the evaluation process.

5.2.3. During the Live Phase, profits remain virtual but may result in real payouts in the form of performance-based rewards, as outlined in Section 1.1.

5.3 Payment Currency & Exchange Rates 5.3.1. All service fees are denominated in USD. If you choose to pay in another currency, your payment processor will convert the amount into USD using the applicable exchange rate at the time of payment.

5.3.2. If a currency conversion occurs, Binam is not responsible for any additional fees, fluctuations in exchange rates, or discrepancies in final amounts received.

5.4 Payment Methods & Taxes 5.4.1. Fees include applicable taxes and transaction costs.

5.4.2. You can pay for our Evaluation Process using:

Cryptocurrency Payments (BTC, ETH, USDT, etc.) 5.4.3. All payments are processed instantly. Your evaluation credentials will be delivered within minutes to 48 hours after payment confirmation.

5.5 Evaluation Process Fees (Binam Challenge) Two-Phase Evaluation Process $89 USD → Demo Account $5,000 $159 USD → Demo Account $10,000 $299 USD → Demo Account $25,000 $399 USD → Demo Account $50,000 $599 USD → Demo Account $100,000

These fees cover the full evaluation process, including risk management tools, educational support, and access to trading platforms.

6. Demo Trading Rules 6.1. During trading on Binam’s demo platform, traders may execute any trades except for prohibited strategies (as defined in Section 7). Additional restrictions may apply based on the conditions of the selected trading platform.

6.2. Binam has access to all trading data from demo accounts and may share this information with liquidity providers, partners, and affiliated entities.

6.3. Traders are not entitled to any compensation or financial benefit from the use of their trading data. This data may be processed and used by the company without prior notice or additional consent.

6.4. The company may update or modify trading conditions at any time, including new liquidity providers, data feed providers, and platform integrations.

6.5. Slippage and spread depend entirely on the liquidity provider. The company does not add markups, spreads, or artificial slippage to the provider’s prices.

6.6. All trades must be closed before requesting a withdrawal. Profits generated during the account lock period will not be considered valid and may be revoked.

6.7. The Binam team reserves the right to determine whether a trader is eligible for an account reset, regardless of the requirements outlined in the FAQ. A reset limit may also be imposed at the company’s discretion.

7. Prohibited Trading Strategies and Transactions 7.1. The following actions are strictly prohibited during the evaluation phase and funded trading: i. Using the services to violate any law, regulation, or third-party rights, including intellectual property, privacy, and personal data rights.

ii. Any attempt to hack, bypass security technologies, scrape, aggregate data, conduct DDoS attacks, or reverse engineer the Binam platform.

iii. Sending spam to third parties or Binam’s trading partners. Binam reserves the right to remove any such content.

iv. Using trading strategies prohibited by liquidity providers, including but not limited to:

Exploiting price delays or platform errors. Trading based on insider information. Using third-party strategies designed to bypass evaluation requirements. Manipulating trades for fraudulent purposes. v. Arbitraging between accounts on Binam and other companies (at the sole discretion of Binam).

vi. Using strategies that are difficult to replicate in real markets, including but not limited to:

Opening positions using the entire available margin. Executing trades with excessive fluctuations in unrealized profits/losses. vii. Using external trade signals or strategies, including those from social media, research reports, trading communities, and other sources.

viii. Sharing account credentials with third parties or using multiple accounts from the same household, device, or IP/VPS. VPN usage is at the user’s own risk, as IP conflicts may result in account suspension.

ix. Publicly criticizing Binam on social media or any other public platform.

x. Violating the platform's Terms and Conditions.

xi. Engaging in any activity that contradicts real-market trading practices or causes financial harm to Binam.

xii. Exceeding the maximum capital allocation limit stated in the FAQ.

xiii. Earning all profits from a single trade

xiv. Hedging or reverse trading.

xv. Binam is an educational trading platform, not an investment service. Any speculative activity classified as gambling is prohibited.

xvii. Any form of disrespect toward Binam staff through any communication channel will result in permanent suspension.

If Binam determines that your trading activity violates these rules, risk management policies, or program conditions, your account will be terminated without the right to withdraw profits.

7.2. Consequences of Violations i. Binam may consider a violation of the evaluation or funded trading conditions, leading to:

Immediate termination of the funded account. Expulsion from the program. ii. If Binam detects or suspects any prohibited trading activity, it may:

Remove all trades violating the rules and exclude them from profit/loss calculations. Terminate the agreement and cancel all services. Reduce the leverage on the account. Permanently ban the account without refunding fees or profits. All enforcement decisions are made at Binam’s sole discretion and are final.

9. Funded Trader at BINAM If a client successfully completes both phases of the Evaluation, they must sign an individual agreement with BINAM.

10. Information Ownership You retain all rights to the information you provide on the platform.

You grant BINAM permission to use all content for the platform's promotional purposes. The company DOES NOT sell your data to third parties.

11. Term The rights and obligations under these terms remain in effect as long as the user's contracts are active and are generally renewed automatically on an annual basis.

12. Disputes The parties shall strive to resolve disputes amicably. If this is not possible, legal proceedings shall take place in the courts of the UAE.

13. Limitation of Liability and Indemnification 13.1. You use the platform at your own risk. BINAM is not responsible for losses caused by force majeure circumstances beyond the company’s control.

13.2. BINAM and its providers may make changes to the platform at any time, including transferring user accounts between platforms if necessary.

13.3. Neither BINAM nor its employees, agents, partners, or affiliates shall be liable for indirect, incidental, or special damages related to the use of the platform. If you are dissatisfied with the platform or services, your sole remedy is to stop using them.

13.4. This limitation applies to the maximum extent permitted by law.

13.5. You agree to indemnify BINAM, its employees, and partners in case of losses caused by your use of the platform, violation of terms, or infringement of third-party rights.

Disclaimer 14.1. BINAM provides educational services and does not offer financial, tax, or brokerage advice.

14.2. BINAM does not accept deposits. Payments are charged only for training and technology-related expenses.

Intellectual Property 15.1. All platform services and content are owned by BINAM and its licensors.

15.2. BINAM trademarks may not be used without the company's written consent.

15.3. All transactional data belongs to the company and is governed by the privacy policy.

Governing Law 16.1. BINAM operates from the UAE, and this agreement is governed by the laws of the UAE.

16.2. If you use the platform outside the UAE, you must comply with local laws.

Termination 17.1. BINAM may terminate your access to the platform at any time without prior notice. In this case, a refund may be issued for an active training account.

17.2. Certain obligations, including liability and payments, shall survive after termination of the agreement.

Entire Agreement These Terms and the Privacy Policy constitute the entire agreement between the parties and supersede all prior agreements.

Contact Us If you have any questions regarding these terms, contact us at info@binam.io.