The user understands and accepts the risks listed below in connection with the use of the Website and the services provided with it. These include in particular the following risks:
1. Software risk
The Website and Services provided by Website are still under development and are subject to constant change. It cannot be ruled out that the software is not yet fully developed and contains weak points or errors that may restrict the use of the Website and the Services and the trading based on the Bots.
To date, the Website provided and the Services rendered by Website have not been subject to any significant regulatory restrictions. It is also Website’s intention not to be subject to any financial market regulations at this stage. However, it is expressly pointed out that the Services offered may be extended to the extent that certain financial market regulations apply to Website or the Services offered via the Website in the future and that this may also have an impact on Users.
3. Internet dangers and loss
The Website provided by Website and the associated Services can become the target of physical or electronic attacks. This could lead to the loss of data (such as personal data or other data provided or created by the User). Data could also be taken away unlawfully and used for abusive or fraudulent purposes (such as phishing or spoofing). The User will carefully check messages and communications from Website and check whether the messages or communications originate from Website if there are any uncertainties regarding the authenticity of a message or communication.
4. General market risk
The Bot programmed by the User himself does not guarantee economic success. The User is aware that the value of Crypto-assets is subject to a general market risk and thus to fluctuations in value and price. The Website/Software has no influence on the values and prices of traded Crypto-assets or other goods or assets.
The use of the Website, the Services offered with it or a Bot and especially the resulting transactions can have tax effects at the level of the customer. The User expressly declares that he/she will clarify any tax effects and obtain appropriate advice (e.g. from a tax advisor). The User also expressly declares that he/she will not hold Website or any party associated therewith (in particular consultants, employees and other contractual partners) liable for tax obligations.
6. No representation is being made that any
investment strategy will or is likely to achieve trading profits or trading losses. To the fullest extent of the law, we will not be liable to any natural or legal person that uses, has used, or has expressed a desire to use the services provided by us or to any other natural or legal person for the quality, accuracy, completeness, reliability, or timeliness of the information provided on the our website, mobile application, newsletter and by any of the Representatives of the website or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of the information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).
7. Cryptocurrency Risk Disclosure
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are not generally backed or supported by any government or central bank. Cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. Any risk associated with cryptocurrency trading remains with the user of the service and we are not responsible or liable for any losses.