Risk Disclosure
Crypto trading and investing involve a high degree of risk. You could lose some or all of the money you invest. Only commit funds you can afford to lose.
1. Purpose of This Disclosure
This Risk Disclosure is provided by Awkastelsa ("we", "us" or "our") to help you understand the material risks associated with using our AI crypto trading platform and related services (the "Platform"). It should be read together with our Terms of Service and Privacy Policy. It does not describe every risk, and you should not rely on it as a complete list.
2. Volatility of Digital Assets
The prices of Bitcoin, Ethereum and other digital assets can change rapidly and substantially, sometimes within minutes. Price movements may be driven by factors including market sentiment, regulatory developments, technological changes, security incidents and macroeconomic events. Historical price movements are not a reliable indicator of future performance.
3. Risk of Loss of Capital
The value of any position may fall below the amount you invested, and you may lose your entire capital. Losses can occur even where risk controls are configured, because controls may not execute at the price you expect, may be delayed, or may not prevent losses during extreme market conditions.
4. Automated and AI-Based Tools
Automated analysis and trading tools rely on models, data inputs and rules that may be incomplete, outdated or wrong. Models can behave unexpectedly when market conditions differ from those in which they were developed. Automation does not remove market risk, and it does not guarantee profits. You remain responsible for monitoring any automated activity linked to your Account.
5. Illustrative Calculations
Any calculator, projection or example shown on the Platform is hypothetical and for illustration only. It is not a forecast, promise or guarantee of returns. Such figures ignore fees, taxes, slippage, spreads, funding costs and changes in market conditions, and actual results may differ materially.
6. Liquidity and Execution Risk
Some digital assets may have limited liquidity, which can make it difficult to buy or sell at a fair price or at all. Orders may be partially filled, delayed or rejected. During periods of high demand or system stress, execution may differ significantly from the price displayed when you placed an order.
7. Leverage and Derivatives
Where leveraged or derivative products are available, they magnify both gains and losses. A relatively small adverse price movement can result in losses greater than the funds you deposited and may lead to forced closure of positions. Such products are not suitable for everyone.
8. Technology, Cyber and Third-Party Risk
The Platform depends on internet connectivity, software, hosting, exchanges, wallets and other third-party services. These may suffer outages, bugs, cyber-attacks, hacking, or operational failures. Digital assets held in or transferred through third-party services may be exposed to the failure or insolvency of those providers.
9. Regulatory and Legal Risk
The legal and regulatory treatment of digital assets in the United Kingdom and elsewhere is evolving and may change with little notice. Regulatory changes may restrict access to certain features, affect the value of assets, or impose new obligations. Digital assets generally are not covered by the Financial Services Compensation Scheme, and you may not have recourse to statutory compensation if something goes wrong.
10. Tax Considerations
Transactions in digital assets may have tax consequences, including capital gains tax or income tax depending on your circumstances. Tax treatment can change and depends on individual facts. You are responsible for keeping appropriate records and for obtaining professional tax advice.
11. No Advice or Guarantee
Information on the Platform is educational and does not constitute financial, investment, legal or tax advice, or a recommendation to buy or sell any asset. We do not guarantee any level of income, return or capital protection. Any statement about risk controls describes features, not outcomes.
12. Your Responsibilities
Before using the Platform, you should consider your financial situation, investment objectives, experience and tolerance for risk. You should understand how any feature works, use only funds you can afford to lose, diversify appropriately, and seek independent advice where needed. Never invest on the basis of pressure, urgency or unsolicited promises.
13. Contact
If you have questions about this Risk Disclosure, contact us at [email protected] or on +44 20 7946 5563. Our postal address is Corn Street 221, WC1V 6AA Manchester, GB.