RISK DISCLOSURE1.1. All decisions related to the services provided by the Company shall be adopted by the User. The Company shall not be responsible for damages incurred by the User as a result of transactions. By accepting this Agreement User acknowledges that has fully read and understood possible risks related to the implementation of trade on financial markets as well as to any form of investment activity available to User using the appropriate services of the Company.
1.2. User confirms that the risks associated with the transactions and execution of Trade applications in the system, are acceptable by the User, taking into account their objectives and financial capabilities.
1.3. User acknowledges that trading operations, real or virtual, as well as virtual currency involves significant risk. Rate can fluctuate on any given day. Because of such rate fluctuations, User may gain or lose value of his assets at any given moment. Any currency may be subject to large swings in value and may even become absolutely worthless. Cryptocurrency trading has special risks not generally shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Cryptocurrency is a unique kind of currency, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of Cryptocurrency in a crisis or issue more currency.
1.4. User acknowledges and agrees that the Company does not act as a financial advisor, does not provide investment consulting services, and any communication between the User and the Company cannot be considered as advice.
1.5. Any unsupported cryptocurrencies, tokens or other byproduct of hard fork, soft fork or any other type of abnormal network functionality that may end up in the possession of the Company without explicit acceptance agreement will become the property of the Company and by maintaining account within the system customer hereby waives any and all rights, claims or causes of action of any kind whatsoever.
1.6. User understands and acknowledges that for various reasons user account and balances within account can become temporarily suspended and may not be accessible to User. User agrees to hold the Company harmless waives any and all rights, claims or causes of action of any kind pertaining to any damages as result of such action.
1.7. User acknowledges and agrees that access and use Serenity Exchange at his own risk. There may be additional risks, which have not been disclosed in this Agreement. Every User has to carefully assess whether his financial situation and tolerance for risk is suitable for buying, selling or trading Cryptocurrency.