Version 1.0 · Effective Date: 26. 5. 2026
Terms of Service
Please read these Terms of Service carefully before using WizardTrader.
1.Acceptance of Terms
By accessing or using WizardTrader ("Platform", "Service", "we", "us", "our") operated by WizardTrader s.r.o., a company incorporated under the laws of the Czech Republic, you ("User", "Player", "you") agree to be bound by these Terms of Service ("Terms").
IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE THE PLATFORM.
You must be at least 18 years of age to use this Platform. By using the Platform you represent and warrant that you are 18 years of age or older.
2.Description of Service
2.1 What WizardTrader Is
WizardTrader is a skill-based fantasy cryptocurrency trading competition platform. Users receive a virtual portfolio of $100,000 USD in simulated funds and compete against other users using real-time market data from third-party exchanges. No real cryptocurrency assets are purchased, sold, or transferred on behalf of users during gameplay.
2.2 Entry Fees and Prize Pools
Users may pay an entry fee in USDC (USD Coin) on the Polygon blockchain network to enter tournaments. Entry fees are collected into a prize pool. At the conclusion of each tournament, the prize pool is distributed to top-ranked participants according to the published prize structure for that tournament.
WizardTrader retains a platform fee of up to 15% of the gross prize pool as consideration for operating the platform ("Rake"). The exact fee percentage is displayed on each tournament entry page.
2.3 Skill-Based Competition
WizardTrader is designed as a game of skill. Tournament outcomes are determined solely by the trading performance of participants as measured by portfolio value at tournament end. Random chance does not determine outcomes.
3.Eligibility and Jurisdictional Responsibility
3.1 Age Requirement
You must be at least 18 years of age (or the legal age of majority in your jurisdiction, whichever is greater) to participate in paid tournaments.
3.2 Jurisdictional Responsibility
You are solely responsible for determining whether use of this Platform is legal in your jurisdiction before registering or participating. WizardTrader does not restrict access by geography, but you represent and warrant that your participation does not violate any applicable local laws. WizardTrader assumes no liability for your use of the Platform in violation of local laws.
Regardless of the above, you may NOT use the Platform if you are located in, a resident of, or a national of any country subject to comprehensive international sanctions, including but not limited to: Russia, Iran, North Korea, Syria, and Cuba.
3.3 Account Restrictions
Employees, contractors, officers, and directors of WizardTrader and their immediate family members are prohibited from participating in paid tournaments.
4.Account Registration
4.1 Account Creation
You must create an account to access Platform features. You agree to provide accurate, complete, and current information and to update such information as necessary. You are responsible for maintaining the confidentiality of your account credentials.
4.2 One Account Per Person
Each individual may maintain only one account. Creating multiple accounts is a violation of these Terms and may result in permanent ban and forfeiture of any winnings.
4.3 KYC / AML Verification
WizardTrader reserves the right to require identity verification (KYC) at any time, particularly for prize withdrawals. You may be required to provide government-issued identification and proof of address. Failure to complete verification may result in suspension of withdrawal rights.
5.Tournaments and Prize Pools
5.1 Tournament Entry
Entry fees are non-refundable once a tournament has commenced. Tournaments may be cancelled by WizardTrader at any time before start, in which case entry fees will be returned to participants.
5.2 Prize Distribution
Prizes are distributed in USDC on the Polygon network within 72 hours of tournament conclusion, subject to identity verification requirements. WizardTrader is not responsible for delays caused by blockchain network congestion or wallet errors.
5.3 Prize Pool Integrity
In the event of a material technical failure affecting tournament integrity, WizardTrader reserves the right to void the tournament and return entry fees, or to extend the tournament period at its sole discretion.
5.4 Tax Obligations
You are solely responsible for any taxes applicable to your prize winnings in your jurisdiction. WizardTrader does not withhold taxes and does not provide tax advice.
6.Prohibited Conduct
The following are strictly prohibited:
- Cheating, botting, scripting, or use of automated tools
- Collusion with other participants
- Creating multiple accounts
- Sharing accounts with third parties
- Attempting to manipulate market data feeds
- Any form of fraud or misrepresentation
- Using the Platform from a Restricted Territory
- Attempting to reverse-engineer or hack the Platform
Violation of any prohibition may result in immediate account termination, forfeiture of winnings, and referral to law enforcement authorities.
7.Market Data and Virtual Trading
Market data displayed on the Platform is sourced from third-party providers (including Binance) and is provided for entertainment and competitive purposes only. WizardTrader does not guarantee the accuracy, completeness, or timeliness of any market data.
The Platform simulates trading using virtual funds only. No real cryptocurrency trading occurs on your behalf. Past performance in WizardTrader tournaments does not indicate future results in real cryptocurrency markets. Nothing on this Platform constitutes financial, investment, or trading advice.
8.Fees and Payments
8.1 Entry Fees
Entry fees are denominated in USDC and processed via the Polygon blockchain. You are responsible for any gas fees associated with on-chain transactions.
8.2 Platform Rake
WizardTrader retains up to 15% of the gross prize pool per tournament as a platform fee. The exact percentage is disclosed on the tournament entry page prior to payment.
8.3 Fiat Payments
Where fiat payment options (card, Apple Pay, Google Pay) are available via third-party processors (e.g., Stripe), such payments are subject to the terms and fees of those processors. WizardTrader is not responsible for payment processor errors or declines.
9.Disclaimers and Limitation of Liability
9.1 No Warranty
9.2 Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WIZARDTRADER'S TOTAL LIABILITY TO YOU FOR ANY CLAIMS ARISING FROM YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE GREATER OF (A) THE ENTRY FEES PAID BY YOU IN THE 30 DAYS PRECEDING THE CLAIM, OR (B) EUR 50.
WIZARDTRADER SHALL NOT BE LIABLE FOR: LOSS OF PROFITS, DATA, OR GOODWILL; BLOCKCHAIN NETWORK FAILURES OR DELAYS; THIRD-PARTY SERVICE INTERRUPTIONS; OR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES.
9.3 Smart Contract and Blockchain Risk
Blockchain transactions are irreversible. You acknowledge the inherent risks of cryptocurrency and blockchain technology including network congestion, gas fee fluctuations, wallet errors, and smart contract vulnerabilities. WizardTrader is not responsible for losses arising from these risks.
10.Indemnification
You agree to indemnify, defend, and hold harmless WizardTrader and its officers, directors, employees, and agents from any claims, liabilities, damages, losses, and expenses (including legal fees) arising from: (a) your use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law; or (d) any claim that your use of the Platform violated the laws of your jurisdiction.
11.Modifications to Terms and Service
WizardTrader reserves the right to modify these Terms at any time. Material changes will be communicated via the Platform or email with at least 14 days notice. Your continued use of the Platform after the effective date of revised Terms constitutes acceptance.
WizardTrader reserves the right to modify, suspend, or discontinue any aspect of the Service at any time with or without notice.
12.Termination
WizardTrader may suspend or terminate your access to the Platform at any time for violation of these Terms or for any other reason at our sole discretion. Upon termination, any outstanding prize winnings that have been confirmed will be paid out subject to Section 5.2. Entry fees for tournaments that have not yet commenced will be refunded.
13.Governing Law and Dispute Resolution
These Terms are governed by and construed in accordance with the laws of the Czech Republic, without regard to its conflict of law provisions.
Any dispute arising from these Terms or your use of the Platform shall be submitted to the exclusive jurisdiction of the courts of the Czech Republic. You waive any objection to jurisdiction or venue in such courts.
14.General Provisions
Entire Agreement: These Terms constitute the entire agreement between you and WizardTrader regarding the Platform and supersede all prior agreements.
Severability: If any provision of these Terms is found unenforceable, the remaining provisions remain in full force and effect.
No Waiver: Failure to enforce any provision does not constitute a waiver of our right to enforce it in the future.
Assignment: We may assign our rights and obligations under these Terms without your consent. You may not assign your rights.
Language: These Terms are written in English. In the event of conflict with any translation, the English version prevails.
15.Contact Information
For questions regarding these Terms, contact us at: