Before trading or trading through our Services, it is important to understand the risks. We have included below, in more detail, the potential risks associated with transactions or transactions that use our Services. Please note that the risks described below do not purport to be exhaustive or to be presented in a presumed order of priority. We ask you to read carefully and determine if these transactions and trading on IoExchange are appropriate in your particular case.
If you do not fully understand the risks associated with using our services, you should seek the advice of an independent professional.
1. Business risks
You acknowledge and agree to access and use the Services at your own risk. The risk of loss in the exchange of digital token pairs can be considerable. Therefore, you should carefully consider whether this trade is suitable for you, depending on your situation, your objectives and your financial resources. You must be aware of the following:
Of course, this brief statement can not reveal all the risks and other aspects associated with these exchanges. The user is solely responsible for his / her understanding and acceptance of all risks related to the transaction and trading of digital tokens and can and agrees to accept and support for his own account any losses that may result from such transactions and trade digital tokens.
2. Internet transmission risks and error correction
You acknowledge that using an Internet-based trading system involves risks, including hardware, software, and Internet connection issues. You acknowledge that IoExchange will not be liable for any communications, interruptions, errors, distortions or delays that may occur during the exchange through the Services, regardless of the cause.
If an order, transaction or transfer is based on a manifest error (regardless of whether you or any other user benefits), based on the manifest error IoExchange may (without obligation), at its discretion and in its sole discretion, act reasonably and in good faith for:
3. Risks related to attacks on the Services or IoExchange accounts.
The Services and / or IoExchange accounts and funds held in these accounts may be subject to attack against their security, integrity or operation, and you acknowledge and agree that IoExchange will not be liable for any resulting losses.
4. Risks related to the properties of digital tokens.
5. Regulatory risks.
6. Counterparty risk.
We do not control or are responsible for the delivery, quality, security, legality or any other aspect of digital tokens that can be purchased or sold to a user of the Services. We are not obliged to guarantee that a third-party buyer or seller with whom you carry out the transaction completes a transaction or transaction or is authorized to do so. In addition, there are no warranty funds or other provisions in place to cover or indemnify you for any pecuniary loss you suffered as a result of defects or insolvency of any other user of the Services.
The risks described in this risk statement may result in the loss of digital tokens, the reduction or loss of value of digital tokens, the inability to access or transfer digital tokens, the inability to exchange digital tokens, the inability to benefit for other holders of digital tokens and other financial losses. You agree and accept that IoExchange assumes no responsibility for these risks at any time. By waiving, releasing and irrevocably issuing any claim, regardless of your knowledge, to IoExchange and its directors, members, officers, employees, agents and subcontractors.
You represent and warrant that you have:
You accept the risk of exchanging digital tokens using the services and are responsible for performing your own independent risk analysis of tokens and digital services. You must not acquire or trade any tokens unless you have sufficient financial resources and can afford to lose the value of the digital tokens or incur substantial losses.
IoExchange's decision to support the transfer, storage or negotiation of a particular digital token through the services does not indicate that IoExchange approves or disapproves the digital token, or the integrity, security or operation of the digital token or the its core technology and IoExchange makes no representations or warranties with respect to digital tokens that are supported or not supported by the Services. The risks associated with digital tokens and digital token negotiations apply despite IoExchange's decision to provide services for a particular digital token and the risks of these transactions will be entirely yours and yours only.
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