Risk Disclosure

This Risk Information provides an overview of the risks associated with investing in crypto assets. Before applying to open an account and start trading with us, you should carefully read this document. This Risk Disclosure is part of the Terms of Service, and by entering into a contract with us and using the Services, you acknowledge the Risk Information.

GENERAL

Clients bear the risks and are responsible for any losses incurred. Due to the inherent risks of investing in crypto assets, clients acknowledge the possibility of losing a significant amount of their invested funds. Clients declare that their trading activities are not financed by retirement savings, loans, mortgages, emergency funds, or other means intended for purposes such as education, healthcare, or housing. It is advised to carefully assess whether your financial situation and risk tolerance are suitable for any exposure to crypto assets. TechBridge s.r.o. has implemented procedures to prevent significant losses by assessing clients' financial capabilities but is limited by the

information provided by the client. TechBridge s.r.o. will not execute a trade if it is aware that a potential loss could significantly jeopardize the client's standard of living.

SUMMARY

-        The value of crypto assets can fluctuate greatly, with the potential risk of losing the entire investment.

-        crypto assets can become illiquid due to decreased demand, making it difficult for clients to sell them easily. TechBridge mitigates this risk by exclusively offering Bitcoin (BTC).

-        Past performance of crypto asset value increases is not a reliable indicator for predicting or guaranteeing future performance.

VOLATILITY

Price fluctuations can lead to significant swings in the value of your assets at any given time. The risk of loss in trading or holding stakes in crypto assets can be substantial and may result in the total loss of the value of your investment in crypto assets.

The value of crypto assets is susceptible to irrational and uncontrollable events that could lead to a collapse in prices. For instance, market manipulation, software glitches or hard forks, unexpected changes in software, technical problems, obsolescence of software, loss of anonymity, and government interventions.

DECENTRALIZATION

The value of crypto assets is determined solely by supply and demand and is not controlled by any government or legal entity. Crypto assets are a unique exchange medium without a central bank to regulate or protect their value in times of crisis.

Decentralization means that crypto assets is a partially anonymous system that relies on peer-to-peer networks and cryptography to maintain its integrity. The functioning of cryptocurrency networks is beyond our control.

Since the blockchain is an independent public peer-to-peer network not subject to regulation or control by any authority, we are not responsible for any failures, errors

or breaches that occur within the blockchain or other networks utilizing crypto assets.

LEGAL

The legal status of cryptocurrencies remains uncertain, even after the adoption of the Regulation on Markets in Crypto-Assets, and continues to evolve. TechBridge implements anti-money laundering measures.

 

Cryptocurrencies are a new asset class, and their legal status is yet to be defined by law. There's a possibility that regulatory bodies might introduce measures affecting the cryptocurrency market operations within certain jurisdictions.

 

TechBridge might have to discontinue services related to crypto assets or prohibit the use of services in certain jurisdictions if legal actions make it unlawful or commercially undesirable to offer these services related to any crypto assets You declare and warrant not to use our services if any law applicable in your country prohibits it, in accordance with the Client Agreement.

 

INHERENT RISK

The nature of crypto assets may lead to an increased risk of fraud or cyber attacks, potentially hindering access to or use of your crypto assets due to technological challenges.

Transactions with crypto assets are usually irreversible, making losses from fraudulent or accidental transactions potentially irrecoverable.

Cryptocurrency exchanges are fully digital and, like any virtual system, are subject to the risk of hackers, malware, and operational disruptions. While various steps are taken to maintain platform security, the cryptocurrency stored in exchange-provided wallets remains vulnerable to hacking.

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You affirm that you possess the necessary expertise and knowledge about the crypto assets you acquire or trade with, and that you have the experience, knowledge, or professional advice to assess the risks of your financial decisions and the specific risks associated with investing in crypto assets.

Last update: 22.01.2024