Risk Warnings

Dealing in crypto-assets involves significant risks and should only be undertaken if you can thoroughly evaluate and bear the risk of a complete loss of your capital. Carefully assess your financial situation and risk tolerance before investing in crypto-assets.

1.1. Volatility: The prices of crypto-assets are extremely volatile and can fluctuate widely in short periods. Factors such as global supply and demand, market confidence, economic conditions, and changes in the crypto-assets themselves can influence prices. This volatility can lead to substantial or total loss of your crypto-assets’ value.

1.2. Blockchain Protocol Risks: Blockchain and distributed ledger technologies are still in early stages of development and may experience operational and security failures. Malfunctions, cryptographic advances, or attacks on consensus protocols can result in significant losses. The integrity of crypto-assets relies on the proper functioning of these technologies.

1.3. Forks and Airdrops: Crypto-assets may be subject to forks and airdrops (see below for definition), which can alter their value or functionality. These events can create multiple versions of a crypto-asset, leading to market volatility. We may need to suspend operations related to a fork or airdrop without prior notice. We do not guarantee support for any specific fork or airdrop.

1.4. Cybersecurity Risks: Crypto-assets are attractive targets for cybercriminals due to their anonymity. Cyberattacks such as malware, denial of service, and consensus-based attacks can result in the loss of assets. Stolen credentials or private keys can lead to irreversible transfers and loss of your crypto-assets.

1.5. Regulatory Risks: The regulatory status of crypto-assets varies by jurisdiction and may change, potentially impacting their legality and the services we can provide. You are responsible for understanding and complying with all applicable laws and regulations, including tax and reporting obligations.

1.6. Liquidity Risks: Crypto-assets may lack the liquidity needed to sell without significant losses. Once a transaction is executed, it cannot be cancelled or refunded. Limited market demand or transferability can result in a total or partial loss of your crypto-assets’ value.

1.7. Information Risks: You may not always have access to accurate, timely information about crypto-assets. This lack of information can prevent you from making informed decisions and result in adverse outcomes.

1.8. Custody Risks: Holding your crypto-assets using our third-party providers’ technology is subject to their operational and security risks. While we use reasonable care in selecting third-party service providers with appropriate qualifications, we cannot guarantee the safety of your crypto-assets.

1.9. Trading Technology Risks: Undertaking trades on an electronic trading interface will expose you to the technical risks associated with the particular trading system, including the failure of software, hardware or connectivity issues. Neither us nor our affiliates are liable for such failures or any related losses, unless otherwise provided in these terms.

1.10. Unanticipated Risks: The crypto-assets industry is evolving, and unforeseen risks may arise. These risks may not be comprehensively covered in this warning. Consult with an independent financial advisor if you have any questions or doubts about the suitability of crypto-assets for your portfolio.