Risk Warning Statement
Trade in goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can and do fluctuate daily. Due to such price fluctuations, the value of your assets may rise or fall at any time. Any currency, virtual or not, can be subject to large changes in value and even lose its value. There is an inherent risk that losses will occur as a result of buying, selling or negotiating anything on a market.
Instead, Virtual Assets and Digital Assets are a, still autonomous and largely unregulated, global system of companies and individuals. Merchants place their trust in a digital, decentralized, and partially anonymous system that relies on peer-to-peer networks and cryptography to maintain its integrity. The technology and protocols underlying virtual assets and digital assets are still in their early stages and developing rapidly. Engage in Virtual Assets and Digital Assets’ trade only if you acknowledge and accept the risk that the underlying technology and protocols relating to any Virtual Assets and Digital Assets (including, among other, the underlying blockchain technology and software protocols governing the Virtual Assets and Digital Assets on the Datium platform) may be subject to changes that affect transactions with such assets. Datium will not assume any responsibility for the malfunction of the underlying technology and protocols and does not guarantee the functionality or security of network operations. Datium makes no representation or warranty of any kind, express or implied, statutory or otherwise, regarding the functionality or security of the blockchain.
Virtual assets and digital assets’ trade can be susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand in relation to supply. For example, trust in Virtual Assets and Digital Assets could collapse due to unexpected changes imposed by software developers or others, a government crackdown, the creation of superior competing alternative coins, or an inflationary or deflationary spiral. Trust can also collapse due to technical problems (for example, if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments can prevent transactions from settling, etc.). In addition, the prices of Virtual Assets and Digital Assets may also be susceptible to market manipulation.
Legislative and regulatory changes and requirements, at the national, regional or international level, may affect virtual assets and digital assets. The regulatory treatment of Virtual Assets and Digital Assets is constantly changing and may adversely affect the use, transfer, exchange, and value of Virtual Assets and Digital Assets, as well as taxation or trading profitability. You are solely responsible for thoroughly understanding and ensuring your compliance with all laws, rules and regulations applicable to you or in your jurisdiction, including, among others, compliance with tax, informs presentation, and disclosure.
You should carefully evaluate whether your financial situation and risk tolerance are suitable for buying, selling or trading virtual assets and digital assets. Any decision to buy or sell Virtual Assets and Digital Assets is solely your decision and Datium will not be liable for any loss suffered. You should transact Virtual Assets and Digital Assets only if you understand the potential risks of such transactions and accept potential high-risk exposure. Adoption of sophisticated trading strategies may further increase the financial risks of your transactions and you should fully understand the trading strategy you are adopting and the details of the Virtual Assets or Digital Assets you are contemplating trading before entering any operation on Datium. You declare that you have the necessary experience and knowledge of the Virtual Assets and Digital Assets that you acquire or trade and that you have the experience, understanding and professional advice to analyze the risks of your financial decisions and those specific to the Virtual and Digital Assets. -Negotiation of assets. You should never invest funds that you cannot afford to lose, and you should not purchase or trade Virtual Assets and Digital Assets if you do not have sufficient financial resources to afford to lose the full value of those assets. Past performance of Virtual Assets and Digital Assets is not indicative, nor does it guarantee future results. Understanding and professional advice to analyze the risks of your financial decisions and those specific to virtual assets and digital assets’ trade.
We use our banking providers to receive funds and make payments to members. Our bank providers DO NOT transfer, exchange or provide any services in connection with Virtual Assets or Digital Assets.