Previous version · in effect from September 18, 2026 through November 2, 2026
PURPLE STUDIO TERMS OF USE
Effective date: September 18, 2026
Please read these Terms carefully. By selecting "I accept the agreement" during installation, or by installing or using Purple Studio, you agree to these Terms. If you do not agree, do not install or use the Software.
IMPORTANT SUMMARY (the full Terms below govern)
- - Purple Studio is a software tool. The Company is not a party to, broker of, or intermediary for your trades, and it never holds, accesses, or transfers your crypto assets or funds.
- - Every order is sent from your own PC, through your own exchange account and API key, according to rules that you set and start. You are solely responsible for your trading decisions and their results.
- - Nothing in the Software is investment advice. Trading crypto asset derivatives with leverage is very risky and you can lose all of the money you trade with. Backtest, optimization, and AI results do not guarantee future results.
- - Paid features are charged at fixed prices that never depend on your trading volume, profits, or assets.
- - To the extent permitted by law, the Software is provided "as is," and the Company is not liable for trading losses or for losses caused by Exchanges, networks, your PC, data errors, or defects in the Software, except for liability arising from its intentional misconduct or gross negligence and other liability that the law does not allow to be limited. Any liability of the Company is also limited in amount. See Articles 18 to 20.
- - Unauthorized use, such as bypassing entitlement checks, cracking, or redistributing the Software, may lead to immediate termination without refund, liquidated damages of twice the regular price, and civil and criminal action. See Article 21.
Article 1. Purpose and Acceptance
(1) These Terms of Use (the "Terms") are an agreement between you and 3PM Inc. (registered in Korea as 주식회사 오후3시; the "Company"), a company incorporated in the Republic of Korea, and govern your use of the Windows desktop application Purple Studio and the related sign-in and entitlement services (together, the "Software").
(2) If you use the Software on behalf of an organization, you confirm that you are authorized to accept these Terms for that organization.
Article 2. Definitions
(1) "Exchange" means a third-party crypto asset exchange, such as Bybit, that you connect to the Software.
(2) "API Key" means the credentials issued by an Exchange or another service (such as OpenAI or Telegram) that you enter into the Software.
(3) "Strategy" means any trading rule, logic, parameter set, or configuration that you create, import, select, or adjust in the Software, including built-in strategies, templates, and examples.
(4) "Paid Features" means features of the Software that require a paid subscription or a paid add-on.
Article 3. Eligibility
You may use the Software only if (a) you have reached the age of majority where you live and are at least 18 years old (in the Republic of Korea, at least 19 years old), (b) you can form a binding contract, and (c) you are not prohibited from using the Software or from trading crypto assets or crypto asset derivatives under the laws that apply to you, including sanctions laws.
Article 4. Account and Sign-In
(1) Some features, including Paid Features, require you to sign in with a Google account. You must use an account that you control and must not share your sign-in with others.
(2) You are responsible for all activity that occurs through your sign-in and your PC. If you believe your account has been used without permission, contact the Company promptly.
Article 5. License
(1) Subject to these Terms, the Company grants you a limited, personal, non-exclusive, non-transferable, non-sublicensable, and revocable license to install and use the Software on PCs that you own or control, for your own trading and research.
(2) The Software is licensed, not sold. The Company and its licensors reserve all rights not expressly granted to you.
Article 6. Restrictions
You must not, and must not help anyone else to:
- (a) copy, modify, distribute, sell, rent, lend, sublicense, or otherwise make the Software available to others, except as these Terms allow;
- (b) reverse engineer, decompile, disassemble, or decrypt the Software or any of its protected or encrypted modules, except to the extent that applicable law expressly permits this despite this restriction;
- (c) bypass, disable, or interfere with sign-in, subscription, entitlement, license, or security checks, or use the Software to obtain Paid Features without a valid entitlement;
- (d) remove or alter any copyright, trademark, or other notices;
- (e) use the Software to provide copy trading, signal-following, account management, or any trading or investment service to other people; or
- (f) use the Software for any unlawful purpose, to manipulate markets, or in violation of any Exchange's terms.
Article 7. The Software Is a Tool Only
(1) The Software is a software tool for building, testing, and running your own trading rules. The Company is not a party to, broker of, agent for, or intermediary in any trade, order, or transaction that you make.
(2) The Company does not hold, keep, access, or transfer your crypto assets, funds, private keys, or seed phrases in any form, and it does not handle your deposits or withdrawals. The Company is not a virtual asset service provider, exchange, custodian, or investment manager.
(3) All orders are sent from your own PC to your own Exchange account using your own API Key. When you start a Strategy, the Software places orders automatically according to the rules you have set and approved, without asking you to confirm each order, until you stop it. You make and are responsible for all trading decisions, including which Strategy to run, its parameters, the amount of capital, and the leverage used.
(4) Built-in strategies, templates, examples, and default parameters are provided as tools and illustrations only. They are not recommendations, and you decide whether and how to use them.
(5) The Company does not offer copy trading, social or signal trading, or discretionary account management, and it does not manage any account on your behalf.
(6) The Company does not monitor, review, or approve your Strategies, orders, or positions, and it has no duty to warn you about them. Any warnings or checks shown by the Software are aids only and do not guarantee that a Strategy or setting is safe.
Article 8. No Investment Advice
(1) All information provided by or through the Software, including charts, indicators, analysis, news summaries, backtest and optimization results, and AI outputs, is for informational and educational purposes only.
(2) None of it is investment, financial, legal, or tax advice, or a recommendation or solicitation to buy, sell, or hold any asset. The Company is not a registered investment adviser and does not act as your adviser or fiduciary.
(3) You should make your own decisions and, where appropriate, consult an independent professional.
Article 9. Trading Risks
You understand and accept that:
- (a) trading crypto assets and crypto asset derivatives is highly risky, prices can move sharply, and leveraged positions can be liquidated, so you may lose all of the money you trade with;
- (b) backtest and optimization results are hypothetical. They rely on historical data and on assumptions about order fills, fees, slippage, and funding that can differ greatly from real trading, and past or simulated performance does not guarantee future results;
- (c) results on an Exchange's demo or test environment may differ from real trading;
- (d) losses can arise from market conditions, Exchange outages or rule changes, API errors, rate limits, network or power failures, PC problems, delays, data errors, and defects in the Software;
- (e) orders and positions already on an Exchange, including stop-loss and take-profit orders, may remain active even if the Software is closed, stops, or loses its connection, and automated management does not run while the Software is not running;
- (f) because of defects, settings, rounding, or data errors, the Software may place orders that you did not intend, place them at different prices or sizes, or fail to place, change, or cancel orders, so you should test a Strategy on a demo environment or with small amounts before live trading;
- (g) balances, profit and loss, margin, liquidation prices, fees, and other figures shown in the Software may differ from the Exchange's records, and the Exchange's records prevail; and
- (h) you should only trade with money you can afford to lose, keep monitoring your positions, and be ready to manage them directly on the Exchange.
You use the Software and trade at your own risk.
Article 10. Your Exchange Account, API Keys, and Security
(1) You must open and maintain your Exchange account yourself and comply with the Exchange's terms. The Company does not represent that any Exchange is licensed or available where you live, and you are responsible for confirming that your use of any Exchange is lawful.
(2) API Keys are stored only on your PC. The Company does not receive them. Use API Keys that are limited to trading and do not have withdrawal permission. For live trading, the Software refuses API Keys that it detects have withdrawal permission, but you remain responsible for the permissions of your keys.
(3) You are responsible for keeping your PC, Windows account, API Keys, and sign-in secure, and for all activity performed with your API Keys.
(4) Strategies, trading records, settings, and other data are stored on your PC. You are responsible for backing them up. The Company cannot recover them.
Article 11. AI Features
(1) AI features connect directly from your PC to OpenAI using your own OpenAI API Key. You pay any charges from OpenAI, and your use of OpenAI is governed by OpenAI's terms.
(2) AI outputs, including generated strategies, analysis, and news summaries based on web search, may be inaccurate, incomplete, or out of date. You must review them before relying on them.
(3) AI outputs are generated by a third-party service, and the Company does not review or verify them. You are solely responsible for any Strategy you run and any decision you make based on them.
Article 12. Third-Party Services
(1) The Software works with third-party services such as Bybit, OpenAI, Telegram, Google, Microsoft, Supabase, and jsDelivr. Your use of these services is governed by their own terms and privacy policies.
(2) The Company does not control these services and is not responsible for their availability, accuracy, security, changes, fees, or actions, including an Exchange's trading halts, account restrictions, liquidations, or insolvency. Changes to a third-party service may cause some features of the Software to stop working.
(3) Notifications, such as Telegram alerts, can be delayed or fail. Do not rely on them as your only way to monitor your positions.
Article 13. Free and Paid Features
(1) The Software offers free features and Paid Features. The features available to you depend on your plan, your add-ons, and the edition of the Software, as shown in the Software or at the time of purchase.
(2) Fees for Paid Features are fixed amounts per subscription period or per purchase. They are never calculated based on your trading volume, trading fees, profits, or assets. The Company does not receive any compensation, from you or from any Exchange, that is calculated based on your trading.
(3) The Software checks your entitlement with the Company's server while you are signed in, which requires an internet connection. If your entitlement ends or cannot be verified, Paid Features may stop working, including starting or automatically managing Strategies that require them. The Software is designed so that losing an entitlement does not stop you from closing or reducing positions, and you can always manage your positions directly on the Exchange.
Article 14. Payment, Renewal, Cancellation, and Refunds
(1) Prices and payment terms are shown at the time of purchase.
(2) If you purchase through Microsoft Store, Microsoft processes the payment, and Microsoft's terms and policies govern billing, renewal, cancellation, and refunds. You can manage or cancel your subscription in your Microsoft account.
(3) Subscriptions renew automatically at the end of each period unless you cancel before the renewal date. If a price changes, the Company will give notice at least 30 days before the new price applies to your renewal.
(4) If you purchase directly from the Company, the refund terms shown at the time of purchase apply.
(5) Nothing in these Terms limits any rights you have under mandatory consumer protection laws, including the Act on the Consumer Protection in Electronic Commerce of the Republic of Korea.
Article 15. Updates, Changes, and Availability
(1) The Company may release updates and may add, change, or remove features. Some updates may be required to keep using the Software or its sign-in and entitlement services.
(2) The sign-in and entitlement services may be interrupted for maintenance, failures, or reasons beyond the Company's control. The Company will try to give advance notice of planned interruptions where reasonably possible.
(3) If the Company permanently ends a Paid Feature that you have paid for and that has not yet expired, it will give reasonable advance notice and provide a remedy required by applicable law, such as a pro-rata refund.
(4) Features that are free of charge, or that are marked as beta, preview, or experimental, may be incomplete or unstable, and the Company may change or end them, with notice where reasonably possible.
Article 16. Intellectual Property and Your Content
(1) The Software, including its code, protected modules, design, and documentation, is owned by the Company or its licensors and is protected by intellectual property laws.
(2) You keep ownership of the Strategies and data you create. The Company does not receive them unless you send them to the Company.
(3) If you send feedback or suggestions, the Company may use them without any obligation to you.
Article 17. Privacy
The Company processes personal information as described in the Purple Studio Privacy Policy, published at https://yeonha.studio/purple-studio/privacy/.
Article 18. Disclaimer of Warranties
(1) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SOFTWARE AND ALL DATA, CALCULATIONS, CONTENT, AND OUTPUTS PROVIDED BY OR THROUGH IT ARE PROVIDED "AS IS," "AS AVAILABLE," AND "WITH ALL FAULTS." THE COMPANY DISCLAIMS ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING ANY WARRANTIES OR CONDITIONS OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, TITLE, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM A COURSE OF DEALING OR USAGE OF TRADE.
(2) IN PARTICULAR, THE COMPANY DOES NOT WARRANT THAT:
- (a) the Software will be error-free, secure, or uninterrupted, or will work with your PC, operating system, or any Exchange;
- (b) orders will be placed, filled, changed, or cancelled as you intend, or at the price, size, or time you expect;
- (c) any Strategy, built-in strategy, template, backtest, optimization, indicator, or AI output will be accurate or profitable, or will match real trading results;
- (d) market data, prices, balances, profit and loss, margin, liquidation prices, fees, news, or other information shown in the Software will be accurate, complete, or up to date; or
- (e) any defect will be corrected.
(3) No advice or information, whether oral or written, that you obtain from the Company or through the Software, including its manual and help content, creates any warranty that is not expressly stated in these Terms.
(4) Nothing in this Article excludes any warranty or condition that cannot be excluded under applicable law. Any such warranty or condition is limited to the minimum scope and duration that the law permits.
Article 19. Limitation of Liability
(1) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY IS NOT LIABLE FOR ANY LOSS OR DAMAGE ARISING FROM:
- (a) your trading decisions, your Strategies and their settings (including parameters, position size, and leverage), built-in strategies, templates, examples, default parameters, or market conditions;
- (b) orders being placed, not placed, delayed, duplicated, partially filled, not filled, or not cancelled, and any resulting liquidation, slippage, funding costs, or fees;
- (c) differences between backtest, optimization, or demo results and real trading, including differences in assumptions about fills, fees, slippage, and funding;
- (d) the acts, omissions, outages, rate limits, maintenance, rule or API changes, account restrictions, insolvency, or security incidents of any Exchange or other third-party service;
- (e) failures or delays of the internet, networks, power, your PC, its operating system, or its clock, including sleep mode, restarts, or updates that stop the Software from running;
- (f) inaccurate, delayed, or missing market data, indicators, calculations, news, notifications, or AI outputs, or your reliance on them;
- (g) unauthorized access to or use of your PC, Windows account, sign-in, or API Keys, including by malware;
- (h) loss or corruption of Strategies, records, settings, or other data stored on your PC;
- (i) interruption of the sign-in or entitlement services, or the end of an entitlement; or
- (j) defects, errors, or bugs in the Software.
(2) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY IS NOT LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, TRADING GAINS, OPPORTUNITIES, DATA, OR GOODWILL, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER THEORY, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
(3) Features that are free of charge are provided without any payment. To the extent permitted by law, the Company is not liable for any damage relating to the use of free features, except as provided in paragraph (5).
(4) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN ALL OTHER CASES, THE COMPANY'S TOTAL LIABILITY FOR ALL CLAIMS RELATING TO THE SOFTWARE OR THESE TERMS IS LIMITED TO THE GREATER OF (a) THE AMOUNT YOU PAID TO THE COMPANY FOR THE SOFTWARE IN THE 12 MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, OR (b) 100 US DOLLARS.
(5) Paragraphs (1) to (4) do not exclude or limit (a) liability for damage caused by the intentional misconduct or gross negligence of the Company, its employees, or other persons it engages to perform its obligations; (b) liability for death or personal injury caused by the Company's negligence; or (c) any other liability that cannot be excluded or limited under applicable law, including mandatory consumer protection and personal information protection laws.
(6) The fees for the Software are set on the basis of the allocation of risk in these Terms, and the limitations in this Article form an essential basis of the agreement between you and the Company.
Article 20. Your Responsibility and Indemnity
(1) You are solely responsible for your use of the Software, your Strategies, all orders placed through your Exchange accounts and their results, and your compliance with the laws that apply to you, including tax laws.
(2) If a third party makes a claim against the Company, its employees, or its agents because of your use of the Software, your trading, or your violation of these Terms, the law, or the rights of others, you must compensate the Company and hold it harmless for the resulting damages, costs, and reasonable attorneys' fees, to the extent they were caused by you.
(3) In that case, the Company will notify you of the claim without undue delay, and you must reasonably cooperate in its defense.
Article 21. Unauthorized Use, Suspension, and Termination
(1) You may stop using the Software at any time by uninstalling it. To delete your account, contact the Company. Uninstalling or deleting your account does not cancel a Microsoft Store subscription, which you must cancel in your Microsoft account.
(2) "Unauthorized Use" means any of the following:
- (a) bypassing, disabling, or tampering with sign-in, subscription, entitlement, license, or security checks, or using Paid Features without a valid entitlement;
- (b) reverse engineering, decompiling, or decrypting the Software or its protected or encrypted modules, or extracting keys or code from them, in violation of Article 6;
- (c) copying, distributing, selling, or sharing the Software or a modified or cracked version of it, or sharing your sign-in or entitlement with others;
- (d) making, distributing, or promoting tools or methods for any of the above; or
- (e) any other violation of Article 6 that seriously harms the Company or other users.
(3) If the Company reasonably determines that you have engaged in Unauthorized Use, it may immediately, without prior notice, suspend or end your license and your access to the sign-in and entitlement services, block Paid Features, and refuse your future sign-ups and purchases. The Company will notify you after taking these measures and give you an opportunity to respond. As stated in Article 13(3), these measures do not stop you from closing or reducing positions.
(4) To the extent permitted by applicable law and by the terms of the store where you made the purchase, fees you have paid will not be refunded if your access is suspended or ended because of Unauthorized Use.
(5) If you use Paid Features through Unauthorized Use, you must pay the Company, as liquidated damages, twice the regular price of those Paid Features for the period of Unauthorized Use, counting at least one month for each account and each PC involved. You agree that this amount is a reasonable estimate of damages that are difficult to calculate. If the Company proves greater damages, it may also claim the difference.
(6) In addition, the Company may claim compensation for all damages caused by Unauthorized Use, including fees lost because others used the Software through your acts, and, to the extent permitted by law, reasonable investigation costs and attorneys' fees. The Company may also seek injunctions, bring civil actions, and file criminal complaints under applicable laws, including laws that protect copyrights, technological protection measures, information and communications networks, and computer systems, and it may report Unauthorized Use to law enforcement authorities and cooperate with their investigations. The Company provides personal information to authorities only as permitted by law.
(7) The Company may also suspend or end your access to the sign-in and entitlement services if you otherwise seriously violate these Terms. In that case, except in urgent cases, the Company will notify you in advance and give you an opportunity to respond.
(8) When your license ends, you must stop using the Software and delete all copies of it. Articles 6 to 9 and 16 to 24 continue to apply after termination.
Article 22. Changes to These Terms
(1) The Company may change these Terms when necessary, to the extent permitted by law.
(2) The Company will announce changes, with their effective date and the reasons, on its website, in the Software, or in the installer at least 7 days in advance, or at least 30 days in advance if the changes are unfavorable to you. For unfavorable changes, the Company will also try to notify you individually, such as by email.
(3) If you do not agree to the changes, you may stop using the Software and cancel your subscription. If the notice clearly states that continuing to use the Software on or after the effective date will be treated as acceptance, and you continue to use it, you will be deemed to have accepted the changes.
Article 23. Governing Law and Disputes
(1) These Terms are governed by the laws of the Republic of Korea.
(2) The Company and you will first try to resolve any dispute through good-faith discussion. Any lawsuit will be brought before the court that has jurisdiction under the Civil Procedure Act of the Republic of Korea.
(3) If you are a consumer, nothing in these Terms takes away the protection of mandatory laws of the country where you live.
(4) To the extent permitted by applicable law, any lawsuit against the Company relating to the Software or these Terms must be filed within one year after you knew or should have known of the facts giving rise to it.
Article 24. General
(1) If any provision of these Terms is found invalid or unenforceable, that provision will be applied to the maximum extent permitted by law, and the rest of these Terms remain in effect.
(2) If the Company does not enforce a right, it has not waived that right.
(3) You may not transfer your rights or obligations under these Terms without the Company's written consent. The Company may transfer them as part of a merger, acquisition, or sale of the business, with notice to you.
(4) These Terms, together with the Privacy Policy and any terms shown at the time of purchase, are the entire agreement between you and the Company about the Software.
(5) These Terms are provided in Korean and English. If the two versions conflict, the English version prevails to the extent permitted by applicable law.
(6) The Company may give you notices by email to the address of your sign-in account, in the Software, or on its website.
(7) The Company is not liable for any failure or delay in performing its obligations caused by events beyond its reasonable control, such as natural disasters, war, terrorism, epidemics, government actions, power or telecommunications failures, cyberattacks, or failures of third-party services.
Article 25. Contact
3PM Inc. (주식회사 오후3시)CEO: Minho HwangBusiness registration number: 734-87-03528Address: 101-dong 115-ho, 43 Sicheon-ro, Deokjin-gu, Jeonju-si, Jeonbuk State, Republic of KoreaEmail: 3pm@yeonha.studio
Versions
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November 3, 2026 Current
To reflect that the AI features of the App can now use Anthropic (Claude) as well as OpenAI, with your own API key.
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September 18, 2026 Previous You are viewing this version