Risk Warning: Cryptocurrency and Gambling
A. How to interpret this Risk Warning
All terms used in this notice, which are defined in the Terms of Use, have the same meaning and construction as in the Terms of Use.
B. Overview
This Risk Warning provides information about the risks associated with the use of cryptocurrencies and engaging in gambling activities.
This notice does not cover all possible risks, and it is crucial that users fully understand the risks involved before participating in such activities.
C. Cryptocurrency Risks
Digital assets, including cryptocurrencies, are subject to high market risk and price volatility. Changes in value can be significant and may occur rapidly and without warning. Past performance is not indicative of future results. Users may not get back the amount they invested.
D. Gambling Risks
Engaging in gambling activities involves financial risk. The outcomes are uncertain, and individuals may lose their wagers. It is important for users to gamble responsibly and within their means.
E. No Personal Advice
This notice does not constitute personal advice. Users are responsible for determining whether participation in cryptocurrency activities or gambling is appropriate based on their personal circumstances, financial situation, and risk tolerance.
F. No Monitoring
Users should be aware that there is no monitoring of their cryptocurrency activities or gambling decisions by the platform. It is the users' responsibility to assess whether their financial resources are adequate for such activities and align with their risk appetite.
G. No Tax, Regulatory, or Legal Advice
The taxation of digital assets is uncertain, and users are responsible for understanding their tax liabilities. The platform does not provide legal or tax advice regarding transactions.
H. Third-Party Risk
Third parties involved in providing services, such as payment processors, may have their terms and conditions. The platform is not responsible for any loss caused by these third parties.
I. Security Risk
It is not possible to eliminate all security risks. Users are responsible for keeping their accounts secure, and transactions in digital assets may be irreversible.
J. Communication Risks
Electronic communications may fail, be delayed, or insecure. Users should be aware of potential communication issues when interacting with the platform.
K. Currency Exchange Fluctuations
Currency exchange fluctuations may impact gains and losses associated with digital asset transactions.
L. Legal Risk
Changes in laws and regulations may affect the value and legality of digital assets. This risk is unpredictable and may vary across jurisdictions.
Users are encouraged to carefully consider these risks and seek professional advice if needed before engaging in cryptocurrency or gambling activities.
