EU regulatory overview (plain language)

Botely is a signal service: we publish recommendations of when to enter and exit perpetual positions on dYdX. We do NOT custody user funds (they stay in your subaccount), do NOT operate an exchange, and do NOT match orders.

Under the EU regulatory framework, this places us in the 'investment recommendation' / 'investment research' space, governed by MAR (Market Abuse Regulation) for the recommendations themselves and MiCA (Markets in Crypto-Assets Regulation) for the crypto context.

Every signal is published in raw, auditable form (the same content delivered to every subscriber simultaneously). No selective tipping of insiders or VIPs.

Backtests are validated walk-forward, methodology is public on /methodology, and we don't make return guarantees. Past performance is explicitly flagged as non-indicative of future results everywhere on the site.

We don't take custody. The trading-bot architecture uses on-chain permissioned keys with a hardcoded whitelist — even if Botely were to be malicious, we cannot steal user funds. This is enforced by chain code, not policy.

You're free to act on Botely signals or ignore them. We're not your broker, we're not your investment advisor in the regulated sense. We're a tool.

Your trading on dYdX is your responsibility for tax and regulatory purposes. Where you trade and how much you trade are your decisions.

If you're in a jurisdiction where crypto perpetuals are restricted (the EU's MiCA framework has some restrictions on retail derivatives leverage), check local rules before deploying capital.

This is NOT legal advice. We are not lawyers. For your specific situation, especially if you're trading at scale or as a business, consult a qualified attorney in your jurisdiction. The /compliance page has the rigorous version with citations.