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Risk Notice

Operations with cryptocurrencies can present various risks, including but not limited to the following:

  • Volatility: Cryptocurrency markets are known for their high volatility. Prices of cryptocurrencies can fluctuate significantly over short periods of time, potentially leading to substantial losses.
  • Security: Cryptocurrencies are stored in digital wallets, and the security of these wallets can be compromised due to hacks, cyber-attacks, or loss of access to the wallet.
  • Regulation: Cryptocurrency operations are subject to various regulations in different countries. Changes in laws or regulations can impact access to cryptocurrencies or complicate their use.
  • Legality: Some countries completely prohibit or restrict the use of cryptocurrencies, which can create legal risks for those engaging in cryptocurrency operations.
  • Loss of Access to Assets: If you lose access to your cryptocurrency wallet or forget your password, it can result in the complete loss of access to your cryptocurrency assets with no possibility of recovery.
  • Fraud and Deception: The cryptocurrency space is active with fraudsters and scammers offering fake investment schemes, stealing personal data, or engaging in other types of deception.
  • Technical Risks: Cryptocurrency networks can suffer from technical failures, hacks, or 51% attacks, which can lead to the loss of funds or other negative consequences.

It is important to be aware of these risks and take appropriate precautions when dealing with cryptocurrencies, such as using reliable wallets, securing your accounts, and actively learning about cryptocurrency markets and their functioning.

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