A) All terms utilized in this notification, as defined in the NitroEx User Agreement (referred to as the 'User Agreement'), shall carry the same meaning and interpretation as specified in the User Agreement.
B) This Risk Disclosure Statement (referred to as the 'Statement') is an integral component of the Legal Documents and holds equivalent significance.
NitroEx Services
A) This Statement imparts information about the risks associated with NitroEx Services. Each NitroEx Service possesses distinct risks, which are outlined separately in the corresponding Legal Documents. The Statement provides a non-exclusive, general disclosure of the risks when using NitroEx Services.
B) This Statement doesn't encompass all risks or their relation to individual circumstances. A comprehensive understanding of the risks is crucial before deciding to utilize NitroEx Services.
No Advice
We refrain from providing advice regarding our Products or Services. While we offer factual information, transaction procedures, and details about potential risks, the decision to use our Products or Services lies with you. Any communication or information from us is not intended as investment, financial, or trading advice. It is your sole responsibility to assess the appropriateness of any investment or transaction based on your objectives, financial situation, and risk tolerance.
No Monitoring
NitroEx is not a broker, intermediary, or advisor and has no fiduciary relationship or obligation concerning your trades or decisions using NitroEx Services. We do not monitor whether your use aligns with your financial goals, and it's your responsibility to evaluate your financial resources and risk appetite.
No Tax, Regulatory or Legal Advice
Taxation of Digital Assets is uncertain and varies between locations. You are accountable for determining applicable taxes when transacting through NitroEx Services. NitroEx does not provide legal or tax advice, and if uncertain, seek independent advice.
Market Risks
Digital Asset trading entails market risks and price volatility. Changes may be substantial and occur rapidly. Past performance is not indicative of future results. Investments may result in losses, and there are risks of losing all assets.
Liquidity Risks
Digital Assets may have limited liquidity, posing challenges in selling or exiting positions. This may happen at any time, including during rapid price movements.
Availability Risks
We do not guarantee NitroEx Services' availability or immunity from unplanned service outages. Buying, selling, storing, or transferring Digital Assets may not be feasible at desired times.
Project Party Actions
NitroEx may delist Digital Assets under certain circumstances, potentially causing losses for Users.
Legal Restrictions
Legal requirements in various countries may restrict NitroEx's offerings. Some products or services may not be available in specific jurisdictions. Users must be aware of and comply with any restrictions when accessing NitroEx Platform and Services.
Third-Party Risks
Third parties involved in NitroEx Services, such as payment providers, are subject to their terms. NitroEx is not responsible for losses caused by these third parties.
Security Risks
NitroEx cannot eliminate all security risks. Users are responsible for securing their NitroEx Accounts. Losses due to fraudulent or unauthorized transactions may be irreversible.
Digital Asset Risks
Intrinsic risks include faults, hacks, irreversible transactions, technological obsolescence, and attacks on Digital Asset protocols.
Monitoring Risks
Digital Asset markets operate 24/7, and users must monitor for rapid price changes.
Communication Risks
Electronic communication with NitroEx may fail, be delayed, or lack security.
Currency Risks
Currency exchange fluctuations impact gains and losses.
Legal Risks
Changes in laws and regulations may affect Digital Asset values, with unpredictable risks varying by market.
Other Risks
While this Statement outlines risks associated with NitroEx Services, there may be additional Service- or Product-specific risks detailed in the Legal Documents, including the User Agreement.