1. Investment in Bitcoins (or any other cryptocurrency) involves greater risks than associated with investment in traditional currencies or assets and as a result losses of capital may occur. We advise that you should not invest more than you can afford to lose.
Trading on an Exchange carries a level of risk and may not be suitable for everyone. Trading through an online platform could carry additional risks. You should therefore carefully consider whether trading and Bitcoin investment are appropriate for you.
For further information or support please contact Plutux Support via email at: [email protected]
2. Plutux offers trading opportunities that we hope will result in financial gains. However, like in trading any asset, including cryptocurrencies, there are no guarantees. Please consider carefully whether trading or investing in Bitcoin (or any other cryptocurrency) is appropriate to your financial situation.
No client should ever invest more than he or she can afford to lose. Any risks taken by the Client are solely their responsibility, and Plutux bears no responsibility whatsoever for funds lost. Only risk capital should be used when trading or investing in Bitcoins (or any other cryptocurrency). You must review Terms of Service and this Risk Disclosure prior to establishing an account.
The market for cryptocurrencies is still new and uncertain. No-one should have funds invested that he or she is not prepared to lose entirely. Whether the market for one or more cryptocurrency will move up or down, or whether a cryptocurrency will lose all or substantially all of its value, is unknown. Participants should be cautious about holding cryptocurrencies and are warned that they should pay close attention to their position and holdings, and how they may be impacted by sudden and adverse shifts in trading and other market activities.
Markets for cryptocurrencies have varying degrees of liquidity. Some are quite liquid while others may be thinner. Thin markets can amplify volatility. There is never a guarantee that there will be an active market for one to sell, buy, or trade cryptocurrencies or products derived from or ancillary to them.
The legal status of certain cryptocurrencies may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more cryptocurrencies constitute property, or assets, or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how cryptocurrencies will be addressed, regulated, and taxed under applicable law.
Having cryptocurrencies on deposit or with any third party in a custodial relationship has attendant risks. These risks include security breaches, risk of contractual breach, and risk of loss. Participants should be wary of allowing third parties to hold their property for any reason.