Risk Disclosure

1. Purpose of this Document

1.1. This Risk Disclosure describes the principal risks associated with transactions in digital assets on the EIDEX platform. It forms an integral part of the User Agreement.

1.2. The list of risks is not exhaustive. By using the Platform, you confirm that you understand and accept the risks described.

1.3. Transact only with funds whose loss you can afford. Information on the Platform does not constitute investment, legal or tax advice.

2. Market Risks

2.1. Prices of digital assets are highly volatile and may change substantially within a short period, including falling to zero. Past performance does not guarantee future results.

2.2. Liquidity of individual assets and trading pairs may be limited: large orders may be executed at a price materially different from the expected one (slippage).

2.3. The Company is entitled to delist assets and trading pairs. Delisting may affect the ability to trade an asset on the Platform.

3. Irreversibility of Transactions

3.1. Blockchain transactions are irreversible. Sending assets to an incorrect address or via an unsupported network results in the permanent loss of funds.

3.2. Executed trades and internal transfers cannot be cancelled.

4. Technological Risks

4.1. Blockchain networks are outside the Company's control: congestion, forks, consensus failures and delayed confirmations are possible.

4.2. Technical failures of the Platform, as well as scheduled and unscheduled service suspensions, are possible. The Company seeks to minimise downtime but does not guarantee uninterrupted operation.

4.3. Risks on the user's side: compromise of the device, phishing, malware, loss of access to e-mail or 2FA. The security of credentials is the user's responsibility.

5. Regulatory and Legal Risks

5.1. The legal regulation of digital assets differs across jurisdictions and changes rapidly. Changes may affect the availability of individual services or of the Platform as a whole for your jurisdiction.

5.2. You are solely responsible for complying with the requirements of the law of your jurisdiction, including tax obligations arising from transactions in digital assets.

6. Absence of Insurance

6.1. Digital assets are not bank deposits, are not guaranteed by the state and are not covered by deposit insurance systems or compensation schemes.

7. Risks of P2P Trading

7.1. Fiat settlements in P2P trades take place directly between users outside the Platform. Despite escrow of the crypto leg and the appeal procedure, there remains a risk of bad-faith conduct by the counterparty, payment reversal (chargeback) and the use of fraudulent payment details.

7.2. Follow the P2P Trading Rules strictly: verify that funds have arrived in your own account before releasing the cryptocurrency, and do not settle by any means other than the details recorded in the trade.

8. Risks of the Savings Programme

8.1. Placing assets in the Savings Programme is not a bank deposit. Reward rates are not guaranteed and may change.

8.2. All market risks described above apply to the assets placed: a reward paid in the asset does not compensate for a fall in its price.

9. Acceptance of Risks

By starting to use the Platform, you confirm that you have read this Risk Disclosure, understand the risks listed and accept them.