Risk notice

This page sets out what this site is, what it is not, and where responsibility sits. It is written plainly on purpose. Legal boilerplate that nobody reads protects nobody.

What this site is

Bilupai is an independent editorial project. We write about exchange eligibility, identity verification, deposit and withdrawal routes, and what trading actually costs once the discounts are stacked. That is the whole scope.

We are not a broker, an exchange, a custodian or an adviser. We never hold, move or have visibility into anyone's funds. There is no account to open with us and no product to buy from us. If a page ever appears to offer one, it is not us.

Not investment advice

Nothing on this site is a recommendation to buy, sell or hold anything. We do not know your income, your obligations, your tax position or your tolerance for a bad month, and general writing cannot substitute for any of that.

You will not find price predictions here, and you will not find claims about guaranteed returns. We do not say a given asset is safe, and we do not describe any yield as risk-free. Those phrases exist in this paragraph only so you know what to distrust when you see them elsewhere.

The risks worth naming

• Total loss. Crypto assets have no floor. A token can go to zero and stay there.
• Leverage and perpetuals. With leverage, a small adverse move can trigger forced liquidation. Perpetual contracts also charge or pay funding on a recurring basis, so the cost of simply holding accumulates in a way that is easy to underestimate.
• Custody. Assets held on an exchange are held by that exchange. Platforms have failed, frozen withdrawals, and been unable to return balances.
• Irreversibility. An on-chain transfer sent to the wrong address or the wrong network is generally not recoverable by anyone, including the exchange.
• Counterparty exposure. Trading peer to peer means transacting with a stranger. Funds you receive may have a history you cannot see and cannot verify.

Rules differ by where you are

Some jurisdictions restrict or prohibit parts of what this site describes, and the rules move. Licensing status, which products may be offered, tax treatment and whether a platform serves your region at all can change with little notice and without any announcement reaching you.

The one place this site compiles region information is the eligibility self-check. Because any such list goes out of date quickly, every entry there shows the date it was last reviewed and what its status rests on, and entries backed only by media reports always read "needs checking yourself". It describes what a platform appears to offer, not what you are permitted to do. Checking the rules where you actually live, and the platform's current terms for your region, is still yours to do.

Accuracy, and its limits

Fee schedules, limits, confirmation counts, supported networks and available payment rails change frequently. We write ranges rather than fixed figures, note when a fact was checked, and point you at the platform's own page as the thing that settles it. Even so, a page here can be out of date before you read it. Where a number matters to a decision you are about to make, check it at the source.

Screenshots on this site show public pages as they looked in the month noted in the caption. Interfaces get redesigned; treat an older screenshot as a guide to what to look for, not a promise of what you will see.

Where responsibility sits

Decisions you make after reading this site are yours. We take no responsibility for losses arising from acting on anything published here, from platform outages or policy changes, or from third-party services we describe or link to.

This site is not the official website of Binance, OKX or any other exchange, and has no affiliation, agency or partnership arrangement with any of them. Some pages contain referral links; how that works is set out in full on the disclosure page.

If we got something wrong

Send it to [email protected]. Factual errors get fixed and the fix gets logged on the corrections page, with a date. We would rather be corrected than quietly wrong.