General Risk Warning
Information on Potential Risks of Operating with Crypto Assets
The provision of services related to crypto assets by our company is governed by applicable Estonian laws, including the Money Laundering and Terrorist Financing Prevention Act and other relevant regulations. It is essential for users to understand the inherent risks of investing and operating with crypto assets before using our services.
A. Interpretation of This Risk Warning
The terms used in this notice, as defined in our platform’s Terms and Conditions (the “Terms of Use”), will have the same meaning and interpretation as in the Terms of Use.
B. Services Offered by Our Company
This warning provides information about the risks associated with our services, including mining, trading signals, and crypto asset management. While we provide information on transaction procedures and potential risks, this document does not cover all possible risks or how they might apply to each user. It is the user’s responsibility to assess their personal situation before engaging with crypto assets.
C. No Personalized Advice
Our company does not provide financial, tax, or legal advice. Investment decisions are the sole responsibility of the user, who should consider their own financial goals and risk tolerance. The information provided by us should not be construed as a recommendation or advice in any case.
D. Market Risks
Investing in crypto assets involves high risk due to price volatility and the speculative nature of these assets. Users may experience significant losses, including the total loss of their invested amount.
Crypto assets are not backed by official investor protection mechanisms such as guarantee funds. Additionally, their prices are not formed under strict regulations like in traditional financial markets.
E. Liquidity Risks
Certain crypto assets may lack sufficient liquidity to facilitate their sale without significant losses. This can happen even in active markets, especially during periods of high volatility.
F. Technological and Security Risks
Crypto assets and distributed ledger technologies are in early stages of development, making them vulnerable to failures, cyberattacks, and technological obsolescence. Moreover, due to their anonymity, private keys can be a target for cybercriminals. While our company implements security measures, these risks cannot be completely eliminated.
G. Legal and Tax Risks
Users are responsible for complying with applicable tax laws in their jurisdiction, including the declaration and payment of taxes related to transactions conducted through our services. It is recommended to seek professional advice if there are any doubts regarding legal or tax obligations.
H. Third-Party Risks
In providing our services, we work with third parties such as custodians and trading platforms. Users will be subject to the terms and conditions of these third parties. We do not assume responsibility for losses arising from failures or non-compliance by these third parties.
I. Availability Risks
We do not guarantee uninterrupted availability of our services or that they will be free from technical failures or disruptions. Users should be prepared for events that may affect the availability of their crypto assets or access to the platform.
J. Continuous Monitoring
The crypto asset market operates 24 hours a day, 7 days a week, and is subject to rapid price fluctuations. Users should continuously monitor their investments and be prepared for sudden changes.
K. Currency and Conversion Risk
Fluctuations in exchange rates between fiat currencies and crypto assets can significantly impact users’ profits and losses.
Conclusion
By using our services, users accept all associated risks and acknowledge that they have read, understood, and accepted this warning. We strongly recommend reviewing the Terms and Conditions of Use for more information about our policies and services.