RISK WARNING
Last update: 14.03.2025
This document is intended to provide Users of the ChangeBox Platform with general information about potential risks associated with using the Services provided. The document covers aspects such as technological and system failures, high volatility of Virtual Assets, legal risks, and potential financial losses that may arise from using the Services. Users should carefully review this document before registering an Account and starting to use the Services.
It is important to note that this document does not list or explain all possible risks or their probability and severity in conditions that may apply to your specific situation. We strongly recommend conducting an independent risk analysis and obtaining necessary consultations with specialists to make an informed decision about the possibility of using the Services.You must have a full understanding of the risks associated with using the Services and the Platform before deciding to create an Account. You should also familiarize yourself with the terms of use of any particular Service where applicable. By using the Services and making transactions through the Platform, you agree to accept all related risks.
This document forms an integral part of the Terms of Use of the ChangeBox Platform (hereinafter referred to as the “General Conditions”), which are available at the following link: https://changebox.io. Any terms not defined in this document should be interpreted in accordance with the terms of the General Conditions..
- Market Risks
Investing in Virtual Assets involves significant risks. The value of these assets can increase or decrease, and you can lose all or part of your investment without being able to recover the funds you invested. If you are new to trading with Virtual Assets, it is recommended that you first consider purchasing a small amount of Virtual Assets. Only funds that you are willing to lose should be used to acquire Virtual Assets whose loss would not significantly affect your financial situation.
It is essential to conduct your own analysis, taking into account the combination of factors in your specific situation, to fully assess the risks associated with acquiring Virtual Assets, as well as their degree of likelihood. Trading Virtual Assets is speculative, their prices are subject to high volatility, and market fluctuations are difficult to predict. The demand and supply for Virtual Assets can change abruptly without prior notice and may depend on numerous factors, including changes in regulatory oversight, overall economic trends, and the development of the Virtual Asset ecosystem.
All investments in Virtual Assets carry the risk of capital loss and past successes do not guarantee future results. The company does not provide any guarantees regarding future outcomes, market prices of Virtual Assets or services and products available through the Platform.
- Liquidity Risk
The prices of Virtual Assets on secondary markets depend on supply and demand and can be subject to significant volatility. The liquidity of digital assets may be limited, which can make selling them or exiting a position difficult or impossible when needed by the investor. Such circumstances can occur at any time, including during periods of sharp price fluctuations.
- Volatility
Virtual Asset markets are highly volatile, which means that the value of Virtual Assets can fluctuate rapidly and significantly. This volatility is driven by various factors including news, technological changes and market sentiment. Prices can change dramatically over short periods, resulting in either quick gains or substantial losses.
- Failure Risk
As with any system, the Virtual Asset ecosystem is susceptible to risks associated with potential systemic failures. These include but are not limited to disruptions among key market participants, issues with technological infrastructure, or changes in regulatory frameworks. Any of these factors could affect the value of Virtual Assets, cause market disruptions, or hinder transaction execution. A failure involving a major player or critical technological error could have serious consequences for Users, potentially resulting in financial losses.
- Investment Risks
Investing in Virtual Assets is speculative and risky. Unlike traditional investments, the value of Virtual Assets depends on market demand and other unpredictable factors. There is a chance of losing all investments, and it's crucial to understand that past performance does not guarantee future success.
- Regulatory Changes Risk
Changes in the legal environment and regulation can lead to negative legal consequences, including lawsuits and penalties. The regulatory status of Virtual Assets varies depending on the jurisdiction, and laws or regulations may be enacted that will impact your ability to trade, transfer, or hold Virtual Assets. It’s important to consider potential consequences, such as the risk of fines and other financial sanctions if you fail to comply with new requirements.
- Technical Risks
The platform may experience technical failures or malfunctions that could affect service availability, data integrity, and/or Virtual Asset security. Users need to recognize that such incidents might occur and take appropriate precautions to minimize risks. Specifically, users are advised to regularly update access credentials and utilize additional protection layers to ensure the safety of their data and Virtual Assets.
- Third-Party Misconduct Risk
Using Virtual Assets carries potential threats from third parties, including fraud, hacking attacks, and other criminal activities. These threats can result in the loss of Virtual Assets, data, or personal information, affecting the security of your funds and assets. Users should be aware of these risks and take appropriate measures to protect their assets, including using strong passwords, two-factor authentication, and other available security tools.
