Before you start trading, please review the following risk list.
This risk disclosure is intended to inform you that there are risks in trading activities in the financial market. You must be aware that this risk may cause you to suffer losses during the trading process. This disclosure is for information purposes only and should not be regarded as a list of all possible risks.
Special reminder
The trading model of this platform is different from the traditional cryptocurrency trading model. It adopts a leveraged trading model, that is, it uses less funds to achieve the possibility of obtaining greater returns, and at the same time, the losses are relatively magnified; during the trading process, the customer does not hold the corresponding currency, but issues a trading instruction to this platform, pays a margin and handling fee, and the platform conducts actual transactions on major digital currency exchanges according to the customer's trading instructions. The profit part of the actual transaction belongs to the customer, and the loss is borne by the customer's margin. This platform only earns the user's handling fee. The trading instructions issued by customers on this platform are similar to traditional futures trading. Once the direction is bought in the wrong direction, there will be a large loss of funds; therefore, the trading model of this platform is not suitable for every investor. Before you start real trading, it is recommended that you clarify its trading risks and control the amount of funds invested. Once you choose to trade on this platform, it is deemed that you agree with the trading model of this platform and are willing to bear the risks it brings.
1. Use of leverage
In margin trading, leverage can have a significant impact on your trading account, even if the price of the instrument changes only slightly. You must understand that if the market trend is against your trading direction, the chances of losing your funds are very high. You are solely responsible for the use of your funds and bear all risks.
2. Instability of financial instruments
The quotes of most instruments traded on the financial markets can change significantly within a day, which can bring you profits or losses.
3. Technical risks
3.1. We are not responsible for financial losses caused by failures in your electronic, communication or information systems.
3.2. When operating the client (APP), risks may come from:
Failure of your equipment, software and connection
Failure to update your APP version in time
Your failure to use the APP as instructed
We are not responsible for errors that occur during the operation of the APP, and will not compensate for losses caused by errors that occur during the operation of the APP.
4. Market risks
If market conditions become abnormal, the time required to process your orders and instructions may be extended.
5. Risks related to government laws
You are also responsible for performing trading and non-trading operations in countries where such operations are restricted or prohibited by law.
6. Risks related to transaction evaluation
6.1. All your instructions are sent to our servers and executed in sequence. You may not be able to withdraw the instructions being executed, and you are responsible for any unexpected trading operations that may have been executed.
6.2. You must understand that closing the APP will not cancel the submitted orders.
6.3. You know that only quotes obtained from our servers are authoritative.
7. Force majeure events
We are not responsible for risks caused by force majeure events. Such events are extreme and irresistible circumstances that are not subject to the will and behavior of the parties to the agreement and cannot be foreseen, prevented or eliminated, including but not limited to natural disasters, fires, man-made accidents or disasters, emergencies of public works and public facilities, DDOS attacks, riots, military operations, terrorist attacks, riots, civil unrest, strikes, and regulatory actions of national and local government agencies.
8. Special Tips
Due to the formulation or modification of laws, regulations and normative documents of various countries, digital asset transactions may be suspended or prohibited at any time.
【Platform Risk Control Monitoring Rules】
Digital asset transactions are an innovative financial investment product with high risks. Therefore, in order to provide investors with a good investment environment, the platform has built the following risk control system and explained it. Investors are requested to operate reasonably and make investment decisions prudently.
1. If investors have a large number of "trading orders with an opening and closing time interval of less than 3 minutes" in a short period of time, they will be monitored by risk control as malicious order-brushing behavior. Multiple orders during this period will not be traded, and users will bear the consequences of illegal operations;
2. Some investment reference information provided by the platform to investors, such as indicator analysis icons, news information/news, etc., are for reference only and do not constitute investment advice
3. The platform provides online matching transactions. In the case of unilateral market conditions and drastic market fluctuations, some orders may not be traded or the opening and closing prices may be different from the actual market prices. Investors are requested to be aware of this and operate with caution;
4. The order losses caused by investor password leakage, improper operation, investment decision-making errors, etc. will be borne by the customer;
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