Terms and risks

Draft. Have a lawyer review and replace this page before launch.

Who provides your account

Memebank is not a bank. Your balance, card, identity checks and withdrawals are provided through Whop's financial infrastructure and its partners, under their terms, which you accept when you open an account.

What you authorise

When you turn on auto-pay you approve, from your own wallet, a limit on each token you choose. You authorise Memebank to sell up to that limit, in the order you set, only to top up your card balance to the level you choose. You can change or revoke this at any time from this site or your wallet.

Market risk

Memecoins are highly volatile and can lose most or all of their value quickly. The price you see is an estimate. Sales can execute at a worse price within the slippage limit, or be skipped. A token may become impossible to sell.

Timing

Top-ups take time to reach your card, usually minutes. A purchase made while your balance is too low can be declined. Keep a card balance that covers what you expect to spend.

Taxes

Each top-up is a sale of your tokens and may create a taxable gain or loss. You are responsible for reporting it.

Fees

Current fees are listed on the home page and shown next to every transaction.