Risk warning is provided to Customers of Itez according to best practice standards. The terminology used in the warning corresponds with terminology used in Customer Agreement.
Volatility Risk. Performing operations in cryptocurrencies involves substantial risk of loss and is not suitable for every person. The valuation of cryptocurrencies and related products may fluctuate severally, and, as a result, clients may be exposed to risk related to decrease of the value of their cryptocurrency and other cryptographic assets.
IT Risk. Since cryptocurrency and the Platform are heavily IT involved products, they have risks related to hacks, bugs, malware and 3rd party malicious intent. While Company makes all effort to protect its Customers from these risks, there is always a chance of malfunction or the IT risk happening. Hence, this may result in loss of assets or loss of access to the Platform of the Company.
Unless the person knows and fully understands the risks involved with cryptocurrencies, he/she should not engage in any transactions on the platform provided by Itez.
Prior to opening of an account or making any transactions with Itez, Customers should carefully consider which service and product is suitable for them, taking into account nature, volatility and legality.
If the Customer does not understand the risks related to cryptocurrencies, he/ she should consult an independent financial advisor.
This risk disclosure statement cannot and does not disclose all of the risks associated with services offered by the Company and involved with cryptocurrencies.