RISK DISCLOSURE
Trading of Crypto-Assets involves significant risk. The risk of lo
ss in trading or holding Crypto-Assets can be substantial. You should therefore carefully consider whether using the Spot Services or Additional Services is suitable for You in light of your financial condition.
There is no assurance that our trading market for Crypto-Assets will be orderly and stable. You should exercise prudence in trading in Crypto-Assets (as well as any other assets). Prices can and do fluctuate at any given moment for any reason. Due to such price fluctuations, you may gain or lose value in your assets at any given moment. Any Crypto-Asset or trading position may be subject to large swings in value and may even become worthless.
The User shall bear any loss resulted in his/her own fault or error, including but not limited to: not in accordance with the transaction prompts operation, not timely trading operations, forgetting or leakage of passwords, passwords are cracked, and/or the Users computer is invaded or hacked by others.
In the event of a potential loophole in the trading rules that unjustly enriches the User, we will contact the User to recover the gains. The User must effectively cooperate, otherwise, we will take actions, including, but not limited to restrictions on account transactions, freezing account funds, prosecution of the User in a court with right of jurisdiction and other recourse measures. In the event that the User does not cooperate, the User will also bear recourse costs.
Additional Services may have incremental risk factors. Please note that:
- You may sustain a total loss of initial margin and any additional Crypto-Assets deposited with us to maintain your position;
- If the market moves against your position or margin levels are increased you may be requested to transfer additional Crypto-Assets on short notice to maintain your position;
- If you fail to comply with a request for the additional transfer of Crypto-Assets to your account
within the time prescribed, we may at our sole discretion liquidate any or all of your
positions at a loss;
- Whether you make a profit, or a loss will depend on fluctuations in the price of the
respective Crypto-Assets;