Risk Disclosure

What you need to know before trading

Updated: February 13, 2024

Cryptocurrency is a digital representation of value used as a medium of exchange, a unit of account, or a store of value, but it does not (widely) have legal tender status. It is highly speculative and involves a high degree of risk, such as volatile market price swings, flash crashes, market manipulation and cybersecurity risks. Cryptocurrency can rapidly and significantly decrease in value. 

Dealings in cryptocurrency may lead to an increased risk of fraud. Transactions may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be revocable. Disclosure of your wallet credential to a third party, negligently or otherwise, is strictly prohibited, and we will not be liable for any loss incurred as a result of such disclosure.

You must have appropriate knowledge and experience before engaging in cryptocurrency transactions. You should also do extensive research into the legitimacy of each cryptocurrency, including its underlying protocol, before investing. The development and control of such cryptocurrency and its underlying protocol are outside our control. Such software protocols may be subject to sudden and dramatic changes (including Forks) that might have a significant impact on the availability, usability or value of a given cryptocurrency. You may wish to seek professional advice if you think you need to do so before proceeding with a transaction.