Investing in financial assets and trading of commodities involves a significant amount of risk. This risk disclosure statement cannot and does not disclose all the risks and other aspects involved in possessing, investing, trading, or engaging in financing or financed transactions in Digital Tokens. Risks include, but are not limited to, the following:
- Personal Security Risk: You are personally responsible for your wallets’ security and all of your tokens and coins or other assets stored within the Apatris Mobile Wallet. You should keep all your security credentials safe. Cryptocurrency transactions are irreversible and can not be cancelled after the necessary amount of confirmation in the network (amount can vary from one network to another). Apatris does not bear the risk of the loss of seed phrase, password or other credentials by the User him/her self that resulted in the partial or total loss of User assets.
- Legal Risk: The legal status of certain Digital Tokens may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more Digital Tokens constitute property, or assets, or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how Digital Tokens will be addressed, regulated, and taxed under applicable law.
- Investment Risk: All the investment packages provided on the platform should be treated by User with care and fully understanding. No-one should have funds invested in such products that he or she is not prepared to lose entirely.Apatris with full responsibility will provide all possible and reasonable information about each product whether it is provided by Apatris itself or by the third party, but the User should make the decision him or her self whether such investments fit him/her personally.
- Liquidity and Listing Risk: Markets for Digital Tokens have varying degrees of liquidity. Some are quite liquid while others may be thinner. Thin markets can amplify volatility. There is never a guarantee that there will be an active market for one to sell, buy, or exchange Digital Tokens or products derived from or ancillary to them. Furthermore, any market for tokens may abruptly appear and vanish. Apatris makes no representations or warranties about whether a Digital Token that is being supported by the Mobile Application will be supported by the Platform any point in the future, if at all. Any Digital Token is subject to delisting without notice or consent.
Bitcoin and other cryptocurrency operations have specific risks, which are not shared with other official currencies, goods or commodities in a market.