Risk warning
Risk warning
This document is intended to provide Users of the ChangeBox Platform with general information about the possible risks associated with using the Services provided. The document covers aspects such as technological and system failures, the high volatility of Virtual Assets, legal risks and potential financial losses that may arise from the use of 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 risks, or their probability and severity, under the conditions that may apply to your specific situation. We strongly recommend carrying out an independent risk analysis and obtaining the necessary advice from specialists to make an informed decision about whether to use 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 review the relevant terms of use of the specific Service where applicable. By using the Services and carrying out transactions through the Platform, you agree that you assume all associated risks.
This document is an integral part of the ChangeBox Platform Terms of Use (hereinafter — the “General Terms”), which are available at: changebox.io. Any terms not defined by this document shall be interpreted in accordance with the text of the General Terms.
1. Market risks
Investing in Virtual Assets involves substantial risks. The value of assets may both increase and decrease, and you may lose all or part of your investment without recovering the invested funds. If you are new to operations with Virtual Assets, it is recommended that you first consider acquiring a small volume of Virtual Assets. To acquire Virtual Assets, you should use only funds whose loss would not have a material impact on your financial condition.
It is important to carry out your own analysis, taking into account the totality of factors of your specific situation, in order to fully assess the risks associated with acquiring Virtual Assets, as well as their likelihood. Trading in Virtual Assets is speculative, their prices are subject to high volatility, and market fluctuations are difficult to predict. Supply of and demand for Virtual Assets may change sharply without prior notice and may depend on many factors, including changes in legislative regulation, general economic trends and the development of the Virtual Assets ecosystem.
All investments in Virtual Assets carry the risk of loss of capital. Past success is not a guarantee of future results. The Company makes no warranties regarding future results or the market price of Virtual Assets or the Services and products available through the Platform.
2. Liquidity risk
Prices of Virtual Assets on the secondary market depend on supply and demand and may be subject to significant volatility. The liquidity of digital assets may be limited, which may make it difficult or impossible to sell them or exit a position at the moment when it is necessary for the investor. Such circumstances may arise at any time, including during periods of sharp price fluctuations.
3. Volatility
Virtual Asset markets are subject to high volatility, which means that the value of Virtual Assets may fluctuate frequently and significantly. This volatility may be caused by various factors, including news, technological changes and market sentiment. Prices may change sharply over short periods, which may entail both rapid gains and significant losses.
4. Failure risk
As with any system, the Virtual Assets ecosystem is subject to risks associated with possible system failures. This may include, but is not limited to, failures of key market participants, problems with technological infrastructure or changes in legislative regulation. Any of these factors may affect the value of Virtual Assets, cause market disruptions or make it difficult to execute transactions. A failure of a major player or a critical technological error may have serious consequences for Users, including possible financial losses.
5. Investment risks
Investing in Virtual Assets is speculative and risky. Unlike traditional investments, the value of Virtual Assets depends on market demand and other factors that may be unpredictable. There is a possibility of losing all of your investment, and it is important to understand that past results do not guarantee future success.
6. Regulatory change risk
Changes in the legal environment and regulation may entail negative legal consequences, including litigation and penalties. The regulatory status of Virtual Assets may vary depending on the jurisdiction, and laws or regulations may be adopted that affect your ability to trade, transfer or store Virtual Assets. It is important to consider possible consequences, such as the risk of fines and other financial sanctions, in the event of non-compliance with new requirements.
7. Technical risks
The Platform may encounter technical failures or malfunctions that may affect the availability of the Services and the safety of data and/or Virtual Assets. Users must be aware that such incidents may occur and are obliged to take the necessary precautions to minimize risks. In particular, it is recommended that you regularly update your access data and use the available additional levels of protection to ensure the security of your data and Virtual Assets.
8. Bad-faith actions of third parties
The use of Virtual Assets involves potential threats from third parties, including fraud, hacker attacks and other forms of criminal activity. These threats may lead to the loss of Virtual Assets, data or personal information, which may affect the security of your funds and assets. Users must be aware of such risks and take appropriate measures to protect their assets, including using strong passwords, two-factor authentication and other available security tools.