Risks
Risks associated with the use of digital assets
Please note that all operations involving digital assets involve certain risks.
Before engaging in Crypto Growth Program or external links to websites or apps you have to understand the risks associated with trading in digital assets, its volatility, lack of intrinsic value, market saturation, technology risks, limited adoption, lack of interoperability, governing challenges, and technological barriers for you as a user.
Volatility risk, market fluctuations
The risk of loss of digital assets can be significant. The market price of digital assets is influenced by a broad array of factors and can change rapidly and unexpectedly, meaning the value of these digital assets, and your related profits, losses and rewards can also change rapidly and unexpectedly. You should therefore carefully consider whether holding digital assets is appropriate for you in view of your financial situation. When considering whether you want to hold digital assets, lock, invest or otherwise utilize them, you should be aware that the price or value of digital assets can change rapidly, decrease, and possibly even drop to zero. Past performance is not an indicator of future performance.
Liquidity risk
Whilst certain digital assets can be very liquid, you should be aware that others can be less liquid, and it is not guaranteed that there will be a buyer for your digital assets. Therefore, you may not be able to realize your digital assets or realize it at its actual market value.
Technical risks
Operations with digital assets are based on blockchain, information technology and cybersecurity features and mechanisms. Any external platforms or apps you may use in due course might incur systems downtime, internet connection issues, server failures, software bugs, and other unforeseen technical issues that may impact the functionality, security and performance of these platforms or apps. We are not responsible for any negative outcomes on platforms or apps You use.
Tax
You should be aware that various tax regimes may apply to your activity depending on your personal tax status and the rules and regulations in force from time to time. You have the sole responsibility of determining the relevant tax impact on your activity and you should consult an appropriate professional advisor if you have any questions or doubts in this regard. None of the provided information on the website shall be considered as tax advice.
Financial resources
You should ensure that you have appropriate financial resources to engage in the buying and selling of digital assets, and that you can bear any negative outcome which may arise from operations with Your digital assets.
No advice
We do not provide investment advice and content on the Website should not be regarded as a substitute for individual advice related to digital assets You hold or will potentially hold. The content of the Website shall be considered only informative in nature.
Legal and regulatory aspects
Any legal and regulatory change might impact possibility to use, transfer Your digital assets and price of it. The impact of such legal and regulatory changes can be material and unexpected and may impact on your activities. Providers which operate from unregulated jurisdictions, bears risks of no effective control and supervisory of its operations. By using any services related to digital assets from provider which do not have relevant licenses you bear all risks on your own account.