Risk Disclosure

Trading digital assets involves substantial risk. Read this disclosure carefully before using market or leveraged trading features. 1. Price volatility Cryptocurrency prices can change rapidly and without warning. Liquidity, news, regulation, market sentiment, network events, and large orders can cause sharp movements. 2. Leverage risk Leverage increases market exposure relative to posted margin. It can amplify profits and losses, and an adverse price movement may cause liquidation or loss of the margin allocated to a position. 3. Liquidation and gap risk A liquidation estimate is not a guaranteed execution price. Fast markets, gaps, low liquidity, price-feed delays, and technical conditions can produce a different outcome. 4. Stop-loss and take-profit risk Risk orders may not execute at the exact trigger price during rapid price movement or service disruption. They reduce risk but cannot eliminate it. 5. Market data risk Prices and statistics may be delayed, unavailable, or differ from other venues. Do not rely on a single data point when making a trading decision. 6. Technology and account risk Internet problems, device compromise, software errors, maintenance, cyber incidents, and unauthorized account access may affect platform use. Protect your credentials and enable two-factor authentication. 7. Regulatory and tax risk Digital-asset rules and tax treatment vary by location and can change. You are responsible for understanding the laws and reporting duties that apply to you. 8. No investment advice Platform information is general and educational. It does not consider your financial situation, objectives, or risk tolerance. Only trade with funds you can afford to lose.