All definitions in this Risk Disclosure Statement have the same meanings as those in the User Agreement published by CoinW Exchange (hereinafter referred to as "we" or "CoinW"). This Risk Disclosure Statement warns of the risks associated with digital assets, trading, and other related risks. You should carefully read this Risk Disclosure Statement and ensure you understand the relevant risks before using CoinW services (including web and mobile services). If you have any questions, it is recommended that you seek professional advice first. The risks listed in this Risk Disclosure Statement are not exhaustive. You should carefully consider whether investing in digital assets and using CoinW services is suitable for you based on your financial situation and risk tolerance.
1. Digital asset prices fluctuate greatly. Investing in or trading digital assets carries extremely high risks. Digital assets are traded continuously throughout the day without price limits. If you cannot effectively control the risks yourself, your funds may suffer partial or even total loss.
2. Digital assets are not issued by governments, financial institutions, or CoinW. Currently, the vast majority of digital assets are unregulated, and their value and price are not controlled or protected by central banks or other financial institutions. 3. Trading digital assets and derivatives carries extremely high risk, especially digital asset derivatives trading, which is characterized by high leverage and can lead to rapid profits or losses. If the direction of your trades moves in the opposite direction to market movements, significant losses can occur. Depending on the extent of the loss, you may need to add margin to your digital assets or reduce your position; otherwise, your positions may be forcibly liquidated, and you will be liable for all resulting losses.
4. Trading in digital assets and their derivatives is mostly irreversible. You are responsible for protecting your account password and are solely responsible for all transactions under your CoinW account. Losses caused by fraud or unauthorized transactions are irrecoverable, regardless of whether you authorize them.
5. CoinW's services are based on computer network technology, blockchain technology, and other underlying technologies. These technologies may experience malfunctions, defects, hacking, exploitation, errors, protocol failures, or other unforeseen risks.
6. You should be particularly aware that profits from digital asset and derivatives trading may be subject to taxes, customs duties, or other fees as required by applicable jurisdictions. You are responsible for reporting and paying any taxes that may arise from transactions through CoinW services. If you have any questions about your tax status or tax obligations while using CoinW services, you should seek professional advice. CoinW does not provide any trading, investment, legal, or tax advice.
7. Digital asset and derivatives trading may involve legal, policy, and regulatory risks in the relevant jurisdictions. You should understand the laws and regulations of your trading jurisdiction before investing in digital assets or using CoinW services. If our service provision is illegal under the laws of your jurisdiction, we have the right to suspend or terminate your account, or suspend or terminate your use of CoinW services or digital asset trading, at any time to comply with the laws, policies, and regulations of your trading location.
You ensure and promise that you have acknowledged and understood the risks outlined in this risk disclosure statement. You agree and understand that you should bear the risks associated with using CoinW services and other risks listed in this risk disclosure statement yourself. The risks listed in this risk disclosure statement are not exhaustive. You should carefully consider whether to use CoinW services based on your financial situation and risk tolerance, and seek professional advice if necessary. You are solely responsible for any losses incurred due to the relevant risks
All definitions in this Risk Disclosure Statement have the same meanings as those in the User Agreement published by CoinW Exchange (hereinafter referred to as "we" or "CoinW"). This Risk Disclosure Statement warns of the risks associated with digital assets, trading, and other related risks. You should carefully read this Risk Disclosure Statement and ensure you understand the relevant risks before using CoinW services (including web and mobile services). If you have any questions, it is recommended that you seek professional advice first. The risks listed in this Risk Disclosure Statement are not exhaustive. You should carefully consider whether investing in digital assets and using CoinW services is suitable for you based on your financial situation and risk tolerance.
1. Digital asset prices fluctuate greatly. Investing in or trading digital assets carries extremely high risks. Digital assets are traded continuously throughout the day without price limits. If you cannot effectively control the risks yourself, your funds may suffer partial or even total loss.
2. Digital assets are not issued by governments, financial institutions, or CoinW. Currently, the vast majority of digital assets are unregulated, and their value and price are not controlled or protected by central banks or other financial institutions. 3. Trading digital assets and derivatives carries extremely high risk, especially digital asset derivatives trading, which is characterized by high leverage and can lead to rapid profits or losses. If the direction of your trades moves in the opposite direction to market movements, significant losses can occur. Depending on the extent of the loss, you may need to add margin to your digital assets or reduce your position; otherwise, your positions may be forcibly liquidated, and you will be liable for all resulting losses.
4. Trading in digital assets and their derivatives is mostly irreversible. You are responsible for protecting your account password and are solely responsible for all transactions under your CoinW account. Losses caused by fraud or unauthorized transactions are irrecoverable, regardless of whether you authorize them.
5. CoinW's services are based on computer network technology, blockchain technology, and other underlying technologies. These technologies may experience malfunctions, defects, hacking, exploitation, errors, protocol failures, or other unforeseen risks.
6. You should be particularly aware that profits from digital asset and derivatives trading may be subject to taxes, customs duties, or other fees as required by applicable jurisdictions. You are responsible for reporting and paying any taxes that may arise from transactions through CoinW services. If you have any questions about your tax status or tax obligations while using CoinW services, you should seek professional advice. CoinW does not provide any trading, investment, legal, or tax advice.
7. Digital asset and derivatives trading may involve legal, policy, and regulatory risks in the relevant jurisdictions. You should understand the laws and regulations of your trading jurisdiction before investing in digital assets or using CoinW services. If our service provision is illegal under the laws of your jurisdiction, we have the right to suspend or terminate your account, or suspend or terminate your use of CoinW services or digital asset trading, at any time to comply with the laws, policies, and regulations of your trading location.
You ensure and promise that you have acknowledged and understood the risks outlined in this risk disclosure statement. You agree and understand that you should bear the risks associated with using CoinW services and other risks listed in this risk disclosure statement yourself. The risks listed in this risk disclosure statement are not exhaustive. You should carefully consider whether to use CoinW services based on your financial situation and risk tolerance, and seek professional advice if necessary. You are solely responsible for any losses incurred due to the relevant risks