Disclosure of Risk
Trading and the execution of transactions similar to those described and/or resulting from this disclaimer, with or without the use of financial leverage or margin, is speculative trading of high risk.
You must carefully and seriously consider if this type of financial activity suits your needs, your financial resources and personal circumstances.
As the risk of losing some, or all, of the invested funds in a relatively short period of time is high, it is recommended that you use only funds which you have earmarked for speculative, high risk financial transactions. In particular, be aware of the following points:
The fluctuation of the rates in the cryptocurrency markets and currency markets are often sharp without the ability to forecast the size or direction of the change or the time frame in which it occurs.
Prices can fluctuate rapidly as a result of unforeseen circumstances, events, or changes in condition.
While Exobit will make every reasonable effort to ensure continuity of services, operational risk such as disruptions to communications, computers, networks or external events may lead to delays in the execution and settlement of a transaction.
The use of electronic trading software (Experts or EAs), results in exposure to risks involving computer softwares, internet, communication systems and interfaces connected to Exobit. Risk includes, but is not limited to, hardware, software, lines and systems crashes and/or incorrect data feeding from external data providers. No trading system is free of occasional failures, and there is no system that can guarantee 100% profit or is not exposed to loss.
Leverage or margin in the trading of cryptocurrency is created based on collateral of a low sum relative to the total transaction. The results of trading with leverage or with margin are that a small change in market prices, within a short period of time, may cause substantial gain or loss, proportional to the size of the collateral, up to the total loss of the collateral sum in a very short period of time.
This warning does not cover all the possible risks connected with this type of transactions described and/or result from this disclaimer.