The trading of Digital Currencies involves significant risks. Prices can fluctuate significantly on any given day or days. Due to such price fluctuations, you may increase or lose value in Your Digital Wallet at any given moment. Any Digital Currency may be subject to large shifts in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.
Digital Currency trading also has special risks not generally shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Digital Currency is a unique kind of currency, backed by technology and trust. There is no central bank that can take corrective measures to protect the value of the Digital Currency in a crisis or issue more currency. Value balances are not subject to any state or private deposit protection programs.
Instead, Digital Currency is an autonomous and largely unregulated worldwide system of currency firms and individuals. Traders put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.
Digital Currency trading is probably susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand relative to supply. For example, confidence in Digital Currency might collapse as a result of unexpected changes imposed by software developers or others, changes in the regulatory atmosphere, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems, for example, if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent Transactions from settling.
Legislative and regulatory changes or actions at the state or international level may adversely affect the use, transfer, exchange and value of Digital Currencies.
Transactions in Digital Currencies may be irreversible, and accordingly, losses due to fraudulent or accidental transactions may not be recoverable.
Some Digital Currencies transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transactions.
The value of Digital Currencies may be derived from the continued willingness of market participants to exchange non-Digital Currencies for Digital Currencies, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.
There is no assurance that a person who accepts Digital Currencies as a payment today will continue to do so in the future.
The nature of Digital Currencies may lead to an increased risk of fraud or cyber attacks, and may mean that technological difficulties experienced by the Company may prevent the access or use of Your Digital Currencies.
Any Digital Wallet, bond or trust account the Company may hold for Your benefit may not be sufficient to cover all losses incurred by You.
You should carefully assess whether Your financial standing and tolerance for risk are suitable for buying, selling or trading Digital Currency.
Company may use banking providers in order to receive Your funds and to make payments. Our banking providers DO NOT transfer Digital Currency, exchange Digital Currency, or provide any services in connection with Digital Currency.
COMPANY DOES NOT GUARANTEE ANY PROFIT FROM TRADING OR ANY OTHER ACTIVITY ASSOCIATED WITH THE SITE. IN LIGHT OF THE RISKS ABOVEMENTIONED, WHICH ARE NOT A COMPREHENSIVE LIST, YOU SHOULD CAREFULLY CONSIDER IF HOLDING DIGITAL CURRENCY IS SUITABLE FOR YOU DEPENDING ON YOUR FINANCIAL CIRCUMSTANCES.