Terms of Service

1. Who we are

bayes.markets (the "site") is operated by K.I. IT Consulting L.L.C-FZ, a company incorporated in the United Arab Emirates ("we", "us", "our"). These Terms of Service (the "Terms") govern your use of the site.

2. What the site is, and what it is not

The site is a non-custodial interface. It lets you connect or create a self-custodial crypto wallet, fund that wallet, and place orders on a third-party decentralized prediction-market protocol that settles on public blockchains.

We are an interface only. We do not operate the prediction markets, we are not a counterparty to any trade, and we do not set, resolve or guarantee any market outcome. Market outcomes are resolved by the underlying protocol and independent oracles, which we do not control.

We never take custody of your funds. We do not hold a balance for you. There is no deposit to us and no withdrawal from us. Your money sits in a wallet you control, and every transaction that spends it is signed by you. The only key we hold pays blockchain gas for a transfer we are not a party to, and it cannot move your money.

3. Eligibility

You may use the site only if you are at least 18 years old and have the legal capacity to agree to these Terms. You must not use the site if you are located in, or a resident of, any country or region where prediction-market trading, or your use of the site, is prohibited or restricted by law.

The underlying protocol restricts access from certain jurisdictions, and your access to trading may be blocked for that reason even where the rest of the site loads. You are responsible for knowing and following the laws that apply to you. You must not use any tool to hide your location in order to get around these restrictions.

4. Your wallet is your responsibility

You are solely responsible for your wallet, your keys, your sign-in method and everything done with them. We cannot recover a lost key, a lost passkey or a lost device, and we cannot reverse, refund or cancel a blockchain transaction once it is signed and sent.

The site offers an optional setting that lets our service place and manage certain trades for you without asking you to sign each time ("delegated signing"). This is off unless you turn it on, it is limited to the trading balance in the account it applies to, and you can withdraw it at any time. If you turn it on, you authorise those actions in advance. Everything else still requires your signature.

5. Buying crypto with a card or bank (MoonPay)

To help you fund your wallet, the site offers a fiat-to-crypto on-ramp provided by MoonPay, an independent third party. When you use it, you deal with MoonPay directly. MoonPay runs its own identity checks (KYC/AML), sets its own prices and fees, and decides whether to accept or refuse your payment. Your use of MoonPay is governed by MoonPay's own terms and privacy policy, which you agree to when you use it.

We do not process your card or bank payment, we do not receive the crypto you buy - it is delivered to your own wallet - and we are not responsible for MoonPay's service, decisions, fees or availability.

6. The underlying protocol and oracles

Trades you place through the site are executed on a third-party decentralized protocol and settled on public blockchains using independent oracles. That protocol has its own rules, fees and risks, and may change or stop working without notice. We do not control it and are not responsible for it, including how or when a market resolves, how long settlement takes, or whether a market has liquidity.

7. Our fees

Using the site is free. Where a trade is placed through the site, a builder fee may be charged on that trade by the underlying protocol and paid to our builder wallet. The current rate is shown on the site before it applies. This fee is charged on a trade only; nothing is ever deducted from your balance while it sits in your wallet, because we cannot reach it. Blockchain gas and any fees charged by the underlying protocol or by MoonPay are separate and are not ours.

8. Risk

Prediction-market trading is high risk. You can lose all of the money you put in. Prices move fast, a market can resolve against you, and a position can become worthless. Crypto assets are volatile. Smart contracts can contain bugs. Blockchains, oracles and third-party services can fail, be delayed or be attacked. You trade entirely at your own risk and only with money you can afford to lose.

9. Not financial advice

Nothing on the site is financial, investment, legal or tax advice, and nothing on it is an offer, solicitation or recommendation to trade. Any data, chart, price or figure is provided for information only and may be delayed or wrong. You make your own decisions. You are responsible for any tax you owe.

10. Things you must not do

You must not use the site to break any law, to launder money or finance crime, to trade on behalf of a sanctioned person or from a restricted jurisdiction, to abuse, attack, overload or probe the site or its providers, to copy, scrape or resell it, or to get around any access restriction. We may suspend or block access to the site if we reasonably believe it is being misused.

11. No warranty

The site is provided "as is" and "as available", without warranty of any kind, to the fullest extent the law allows. We do not promise that the site, any price or figure on it, or any third-party service reached through it will be accurate, uninterrupted, timely, secure or error-free.

12. Limit of our liability

To the fullest extent the law allows, we are not liable for any trading loss, lost profit, or any indirect, incidental or consequential loss arising from your use of the site, from any third-party service reached through it (including MoonPay and the underlying protocol), from any blockchain, oracle or smart-contract failure, or from anything done with your wallet or keys. Nothing in these Terms excludes any liability that cannot be excluded by law.

13. You cover claims from your misuse

You agree to cover us against any claim, loss or cost that arises from your misuse of the site or your breach of these Terms or of any law.

14. Changes and ending access

We may change these Terms, the site, or any feature at any time. If we change these Terms we will update the date at the top of this page, and your continued use means you accept the change. We may suspend or stop the site, in whole or in part, at any time.

15. Governing law and contact

These Terms are governed by the laws of the United Arab Emirates, and disputes are subject to its courts, to the extent the law allows.