Risk Disclosure
Automated cryptocurrency trading carries significant risk. ByteBoom provides software tools — not guaranteed returns. You should understand these risks before connecting a Binance account or running any trading engine.
Key risks
- You can lose some or all of your trading capital
- Crypto markets are volatile; trading engines cannot eliminate market risk
- Futures use leverage: losses are magnified and positions can be liquidated
- Past backtests or performance do not predict future results
- Exchange outages or API errors may affect order execution
Market risk
Digital asset prices can move sharply in either direction. Automated strategies, long or short, on futures or spot, may underperform or lose money in trending, illiquid, or highly volatile conditions.
Futures, leverage, and liquidation risk
ByteBoom trades Binance USDⓈ-M perpetual futures, long and short, with 3x leverage on isolated margin. Leverage magnifies losses as well as gains, so a futures position can lose more than the same price move would cost in a spot trade. For example, at 3x a 10% move against a position loses about 30% of the margin behind it, before fees.
If losses use up a position's isolated margin, Binance can liquidate the position and that margin is lost. Short positions lose money when prices rise. Funding payments, fees, slippage, and price gaps in fast markets add to losses. Automation does not remove these risks, and no return is guaranteed.
Automation risk
Trading engines execute according to configured rules. Misconfiguration, insufficient balance, or unexpected market behavior can produce unintended orders. Monitor your trading engines and set appropriate capital limits.
Third-party risk
ByteBoom connects to Binance via API. We are not responsible for exchange downtime, policy changes, account restrictions, or security incidents on the exchange side.
Not investment advice
ByteBoom does not recommend specific assets, strategies, or position sizes. Consult qualified professionals for financial, tax, and legal advice suited to your situation.
Your responsibility
Only trade with capital you can afford to lose. Verify API permissions, understand each trading engine strategy and how leveraged futures work, and comply with laws in your country or region.