8. Risk Disclosure

The risks associated with trading cryptocurrencies are primarily related to their volatility.

They are high-risk and speculative assets, and it is important to understand the risks before engaging in trading. While these assets are listed on Rambox, Rambox does not have the power or capability to restrict or manage the security of these assets. Therefore:

  • They are highly unstable: Unexpected changes in market sentiment can cause prices to experience sharp and sudden fluctuations. It is not uncommon for the value of cryptocurrencies to rapidly decrease by hundreds or even thousands of dollars.

  • They are unregulated: Cryptocurrencies are currently not regulated by governments or central banks. However, they have started to attract more attention, and there are questions regarding whether they should be classified as commodities or virtual currencies.

  • They are prone to errors and hacking attacks: There is no perfect method to prevent technical malfunctions, human errors, or hacking attacks.

  • They may be impacted by forks or disruptions: Trading cryptocurrencies carries additional risks, such as hard forks or disruptions. It is important to familiarize yourself with these risks before trading these products. When a hard fork occurs, there can be significant price volatility, and trading may be suspended if we do not have reliable underlying market prices.

We will make efforts to inform customers about the potential security of their assets. However, ultimately, you are responsible for ensuring that you understand when these situations may occur. You should ensure that you fully understand the associated risks before engaging in trading. Cryptocurrency trading may not be suitable for everyone.

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