Terms of Service
Last updated: 2024/09/12
19. RISK DISCLOSURE
19.1. The Service Provider strongly advises that Clients, including qualified accredited or institutional investors, should NOT invest more money than they can afford to lose.
19.2. All investments carry risk, and Clients acknowledge that they may lose part or all of their investment.
19.3. The Service Provider does not guarantee any returns on investments made through the Denode Platform and past performance of any Project or Issuer is not indicative of future results.
19.4. Any product or service in the virtual asset market is considered HIGH RISK. Therefore, we advise the Client to thoroughly research the specific product or service, consider their own experience and financial risk tolerance before making any investment or trading decisions.
19.5. The Client shall carefully review and consider the following risks of virtual asset market products and services before making any transaction or trading decisions:
  • Legal Status: Virtual assets are not considered legal tender and are not guaranteed by any Central Bank or Government.
  • Lack of Insurance: Virtual assets are not covered by deposit insurance or any insurance protecting securities investors.
  • Regulatory Risks: The value and services related to virtual assets may be subject to sudden changes due to evolving international norms and domestic laws.
  • Irreversibility: Virtual asset transactions may be irreversible, and the consequences of fraudulent or erroneous transactions may not be recoverable.
  • Price Volatility: The value of virtual assets is determined by market participants' supply and demand, which may lead to significant price fluctuations and potential losses.
  • Security Risks: Virtual assets and related services may be subject to fraud and cyber-attacks.
  • Technological Risks: Clients may be unable to use or access their virtual assets if the Service Provider experiences technological difficulties.
  • Compensation Limitations: The assets owned or possessed by the Service Provider may be insufficient to fully compensate for damages incurred by the Client.
  • Regulatory Status: Registration of the Service Provider as a virtual asset service provider should not be considered a guarantee of the virtual asset, and the state shall not be responsible for losses arising from activities related to virtual asset services.
  • 19.6. By using the Denode Platform, Clients acknowledge and agree to the disclaimers, limitations, and risks set forth in this section. Clients confirm that they have read and understood the risks involved in virtual asset transactions and services.