Risk Disclaimer
The Platform Operator provides Users with access to the Services as described in the Terms of Service applicable to the relevant Platform Operator.
This Risk Disclaimer is intended to inform Users about the risks associated with the use of the Website and the Services.
The User accesses and uses the Website and the Services entirely at their own risk. Prior to using the Website or the Services, the User must carefully consider whether the risks described in this Risk Disclaimer, together with any other applicable risks, are acceptable in light of the User's individual circumstances.
The Platform Operator strongly encourages the User to seek independent professional advice (including legal, tax, financial, technical, or other advice) regarding their specific situation before using the Services.
If any of the risks described herein are unacceptable to the User, the User should refrain from using the Website and the Services.
General Risks
At any given time, the Website and the Services may have specific functionality and utility. However, the Website, the Services, and their underlying features may undergo significant changes over time.
The Platform Operator reserves the right to modify, update, suspend, or discontinue any aspect of the Website or the Services, including but not limited to terms and conditions, fees, structure, functionality, algorithms, source code, infrastructure design, and technical specifications, at any time and without prior notice, to the extent permitted by applicable law.
The development and operation of the Website and the Services may encounter financial, technical, operational, or resourcing difficulties. Certain features or functionalities may be delayed, modified, or never implemented.
The Website and the Services rely heavily on internet connectivity and third-party infrastructure. Due to the public nature of the internet, interruptions, delays, data corruption, data loss, or loss of confidentiality may occur. System errors, outages, or failures may arise at any time.
The User acknowledges that the use of online platforms and trading systems involves inherent risks, including but not limited to:
- hardware or software failures;
- internet or network connectivity issues;
- cyber-attacks or unauthorized access;
- introduction of malicious software;
- phishing, spoofing, or social engineering attacks;
- viruses, spyware, scareware, Trojan horses, worms, or other malware;
- failures or disruptions of third-party systems or services.
The Platform Operator does not guarantee uninterrupted, secure, or error-free operation of the Website or the Services.
Cryptocurrency Risks
Cryptocurrency markets are decentralised and are generally not regulated to the same extent as traditional financial or investment services. As a result, Users do not benefit from the protections typically available under regulated investment frameworks, including those established under the EU Markets in Financial Instruments Directive (MiFID).
There is no central authority or central bank capable of intervening to stabilise or protect the value of Cryptocurrencies. The value of Cryptocurrencies is determined by supply and demand and may be highly volatile, unpredictable, speculative, and susceptible to market manipulation.
Cryptocurrencies may experience extreme price fluctuations, including rapid and substantial losses in value. In the worst-case scenario, a Cryptocurrency may become illiquid or effectively worthless.
Past performance is not indicative of future performance. The value of a User's Cryptocurrency holdings may increase or decrease significantly, and the User may suffer a partial or total loss of the funds used.
Additional risk factors affecting the value of Cryptocurrencies include, but are not limited to, political, economic, regulatory, legal, credit, market, and technological risks, as well as changes in foreign exchange rates.
Due to the pseudonymous or anonymous nature of certain Cryptocurrency transactions, Cryptocurrencies may be used in connection with illegal activities. Regulatory or law enforcement actions related to such activities may adversely affect the availability, usability, or value of Cryptocurrencies and the Services.
Cryptocurrencies should be regarded as a high-risk asset class. Users should never use funds they cannot afford to lose and should only use the Services if they have sufficient knowledge, experience, and understanding of the risks involved.
Blockchain Risks
Blockchain networks are independent, decentralised, peer-to-peer networks that are not owned, operated, or controlled by the Platform Operator.
The Platform Operator does not control, maintain, or guarantee the underlying protocols, software, or networks governing the operation of any Cryptocurrency. These protocols are generally open-source and may be modified or updated by third parties without notice.
The User acknowledges that blockchain networks may be subject to:
- software bugs or vulnerabilities;
- protocol changes, forks, or consensus failures;
- network congestion or delays;
- attacks on the network or its participants;
- regulatory or legal restrictions.
The Platform Operator shall not be responsible for any failure, error, breach, malfunction, or disruption occurring within any blockchain network or related infrastructure, nor does it guarantee the functionality, security, or availability of such networks.
No Offer, Recommendation, or Solicitation
Nothing on the Website or within the Services constitutes, or should be construed as, an offer, recommendation, solicitation, or advice to buy or sell securities, derivatives, financial instruments, or Cryptocurrencies, nor as the provision of investment, financial, legal, or tax advice.
All information made available through the Website is provided for general informational purposes only. Certain information may be obtained from third-party sources and has not been independently verified by the Platform Operator. The Platform Operator does not guarantee the accuracy, completeness, or reliability of such information.
The Website and the Services are not intended to provide investment services or activities as defined under Directive 2014/65/EU (MiFID II) or equivalent legislation.
Forward-Looking Statements
The Website and related materials may contain statements regarding future events, plans, expectations, objectives, or prospects of the Platform Operator or the industry in which it operates. Such statements constitute forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or outcomes to differ materially from those expressed or implied.
Nothing on the Website should be relied upon as a promise, representation, or guarantee of future performance, results, or policies.
The Platform Operator disclaims any obligation to update or revise forward-looking statements, except where required by applicable law.