Exchizo Risk Disclosure Statement
1. Introduction: This Risk Disclosure Statement is provided to inform users of the potential risks associated with trading, investing, and transacting in cryptocurrencies on Exchizo (“the Exchange”). By using the Exchange’s services, you acknowledge and accept these risks.
2. Market Risk: Cryptocurrency prices are highly volatile and can fluctuate significantly within short periods. Market conditions may change rapidly, resulting in substantial gains or losses. There is no guarantee of profit, and past performance does not indicate future results.
3. Liquidity Risk :Some cryptocurrencies may have limited liquidity, making it difficult to buy or sell assets at desired prices. Low liquidity can lead to price slippage and increased costs.
4. Regulatory Risk: The legal status of cryptocurrencies varies across jurisdictions and is subject to change. Regulatory actions, such as restrictions or bans, may impact your ability to trade or hold digital assets.
5. Security Risk: Cryptocurrency transactions are irreversible, and lost or stolen assets cannot be recovered. Users are responsible for securing their accounts, private keys, and authentication credentials. The Exchange employs security measures but cannot guarantee complete protection against hacks, cyberattacks, or technical failures.
6. Operational Risk: System failures, maintenance, or outages may temporarily restrict access to the Exchange. Users may experience delays, disruptions, or inability to execute transactions.
7. Counterparty Risk: Users transacting with third parties or using services integrated with the Exchange assume the risk of counterparties defaulting, engaging in fraud, or failing to deliver promised services.
8. Taxation and Legal Obligations: Users are responsible for understanding and complying with tax laws and regulations in their jurisdictions. Cryptocurrency transactions may have tax implications, including capital gains or other liabilities.
9. Technology Risk: Blockchain technology is evolving, and unforeseen technical issues may impact transactions, including network congestion, protocol changes (forks), or smart contract vulnerabilities.
10. No Financial Advice The Exchange does not provide financial, investment, or legal advice. Users should conduct their own research and consult professionals before making investment decisions.
11. Acknowledgment of Risk: By using the Exchange, you confirm that you understand and accept the risks outlined in this document. The Exchange is not liable for any losses incurred due to trading or other activities.
12. Services for UK Residents: The Exchange provides services to customers resident in the UK who fall within an exemption available under the UK financial promotion regime. Users should ensure they meet the eligibility criteria before engaging with the Exchange’s services.
Exempted categories include:
- High net worth individuals
- Certified sophisticated investors
- Self-certified sophisticated investors
- Investment professionals
- Entities such as authorized firms and certified high net worth companies
13. Contact Information: For any questions or concerns, please contact our support team at Support@exchizo.com .