RISK

The dealing (including the buying, selling, and holding) of cryptocurrencies like Bitcoin, like with every other asset, involves significant risks. The cryptocurrency in your wallet may gain or drop in value due to significant price fluctuations that may occur at any given moment. The value of cryptocurrencies may even drop to a point where it is considered worthless.
The dealing with cryptocurrency also bears risks unique to that asset class, which government-backed currencies or other goods or commodities don't share. There is no central bank that can take corrective measures to protect the value of a digital currency in a crisis, or issue more cryptocurrency, although this is a feature some consider desirable. Value balances are not subject to any state or private deposit protection programs.
Instead, cryptocurrencies are typically largely unregulated, global and digital systems of with numerous different stakeholders. Cryptocurrency holders put their trust in a digital, decentralized, and pseudonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity. A global loss of confidence in the underlying technology or network participants could collapse the demand for a cryptocurrency relative to the available supply. Legislative and regulatory changes or actions at national or international levels may adversely affect the use, transfer, exchange, and value of cryptocurrency.
Cryptocurrency transactions are typically irreversible. Accordingly, losses as a result of fraudulent or accidental transactions may not be recoverable.
Please not that we highlight the abovementioned risks for informational purpose only. There may be additional risks which we did not consider in this notice. We assume no liability for your dealings with cryptocurrencies other than concerning our services, to the extent described in our terms and conditions.
You should carefully assess whether your financial standing and risk appetite are suitable for buying, selling, or holding cryptocurrency.

Last update: 1 July 2021