Risk Warning

Before any actions with Digital Currency and / or Digital Assets (Crypto assets), you should educate yourself about Crypto assets and related matters, consider your individual risk tolerance and investment goals.

Any activity with Crypto assets entails risks and could result in a complete or partial loss of your Crypto assets and / or fiat funds and you should not expect to be protected if something goes wrong. Only you are responsible for your decisions and actions performed on Crypto assets wallets and platforms.

You are responsible for your own research.

Here are some of the main risks involved:

Volatility and Liquidity Risks

Prices of Crypto assets can rapidly and significantly fluctuate on any given moment, so you may gain or lose value of your Crypto assets at any moment, or your Crypto assets may become worthless.

Due to changes in supply and demand or value of Crypto assets as well as other volatility events within the Crypto market the Crypto assets might not be liquid. That means it may be very difficult or even impossible to carry out actions (e.g., buy/stake/lend/farm or sell/unstake/redeem) with your Crypto assets.

The following factors may come into play:

  • fluctuations in the level of confidence of market participants due to speculation and sentiment, market perceptions, based on news and rumors;
  • liquidity pool deposition and withdrawal value changes;
  • Technical issues, security breaches, and vulnerabilities of the underlying protocol of digital tools and platforms in use;
  • Rapid development of competition in crypto ecosystems;
  • inability to establish long-term value of a crypto asset;
  • volatility events like excess volume, bouts of illiquidity and other;
  • other affecting factors, both rational and irrational, economic and non-economic, as well as technological ones.

Technology Related Risks

The underlying trading platform protocols may be subject to changes in operating rules, that may affect the functionality, availability and/or value of your Crypto assets. The changes and are outside of a platforms control and may occur without notice to you.

The cryptographic foundations of any crypto-asset may prove to be flawed or inadequate over time, vulnerabilities are often discovered in the source code of crypto-assets, resulting in various issues such as impaired functionality, compromised user information, and theft of crypto-assets.

Crypto assets transactions are irreversible. If you send Crypto assets to an incorrect address, or send the wrong amount, you cannot get it back.

Crypto platforms may suffer the failure of hardware, software, and Internet connections as well as cyberattacks from hackers and malware which may lead to operational and/or communication failures, disruptions, errors, distortions or delays in payments and trading.

In the event of an internet connection, hardware or software failure, you may encounter difficulties such as being unable to place an order, experiencing order execution deviations from your instructions, or the non-execution of your order altogether.

Hack Risks

The Crypto asset sector is susceptible to fraudulent activities and scams. You should exercise caution when dealing with crypto-asset participants to avoid falling victim to fraudulent schemes.

Cyberattacks and theft enabling technical problems could potentially result in the theft or loss of your fiat currency or crypto-assets.

In the unfortunate event of fraudulent or accidental transactions, any resulting losses are not recoverable.

Regulatory Risks

Dealing with Crypto assets means you putting trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity. That means:

  • there is no central authority that can take corrective measure to protect the value of Crypto assets in a crisis or issue more Crypto assets.
  • your Crypto assets capital is not protected under any investor or depositor protection schemes anywhere in the world (where applicable, the Crypto – assets are not covered by the investor compensation schemes under Directive 97/9/EC, nor by the deposit guarantee schemes under Directive 2014/49/EU).
  • Dealing with Crypto assets is globally subject to anti-money laundering and counter-terrorism financing rules. Certain crypto asset service providers are subject to licensing requirements, that partially protect your fiat funds, but not Crypto assets turnovers.

Crypto assets recognition a and availability of Crypto assets related services vary in different country jurisdictions. Legislative and regulatory changes or actions at the national or international level may adversely affect the use, transfer, exchange, and value of Crypto assets.

Regulatory requirements may also result in adverse changes regarding provision of Crypto assets service providers services to you and availability of the services in different locations around the globe.

Stablecoins Risk

Stablecoins are designed to maintain a fixed value relative to the denominated fiat currency. Still there is no assurance that a stablecoin is able to maintain its value fixed to any denominated currency in moments of extreme volatility, e.g. Stablecoins can be susceptible to sudden withdrawal demands (run risk).

Concentration Risks

Depending on the consensus mechanism used by a particular blockchain, In the event that an individual or entity acquires control of more than 51% of the computing power (hash rate) utilised by a blockchain network, they would possess the ability to exploit this majority control to engage in double spending of their crypto-assets. Consequently, the value of the crypto-asset impacted would likely experience a significant decline

There may be additional risks that we have not identified here or in related documents (like Terms and Conditions). By using our services, you acknowledge and accept all named and such other risks.