Risks disclosure

1.According to our internal policies, EXEX only provides services to users with sufficient experience, knowledge and understanding of the work principles of our technology platform. You acknowledge and agree that you shall access and use the services at your own risk. The risk of loss in trading digital asset pairs and digital asset and legal tender pairs can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should be aware of the following points:
a.You may sustain a total loss of the funds in your EXEX account and, in some cases, you may incur losses beyond such funds.
b.Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market reaches a daily price fluctuation limit (‘limit move’) and there is insufficient liquidity in the market.
c.Placing contingent orders, such as ‘stop-loss’ or ‘stop-limit’ orders, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
d.All crypto assets positions involve risk, and a ‘spread’ position may not be less risky than an outright ‘long’ or ‘short’ position.
e.The use of leverage can work against you as well as for you and can lead to large losses as well as gains.
f.Short position holders are held liable for distributions associated with the shorted instruments, including (but not limited to) airdrops, dividends, rights/warrants, and spin-offs.
g.All of the points noted above apply to all crypto assets. This brief statement cannot, however, disclose all the risks and other aspects associated with the trade of crypto assets and shall not be considered as any professional advice.
2.Internet transmission risks. You acknowledge that there are risks associated with utilising an internet-based trading system including, but not limited to, the failure of hardware, software, and internet connections. You acknowledge that EXEX shall not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when trading via the platform, however caused.
3.Margin Disclosure Statement. The risk of loss in financing a transaction by deposit of collateral is significant. You may sustain losses in excess of your crypto assets deposited as collateral with the technology platform. Market conditions may make it impossible to execute contingent orders, such as ‘stop-loss’ or ‘stop-limit’ orders. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, Your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on it. You should therefore carefully consider whether such an arrangement is suitable and reflects your situation and objectives.
4.Risk Associated with Futures Trading. Futures trading is high risk and may comprise without the limitations and risks of major fluctuations related to crypto assets, and the risk of aggravated adverse outcomes when leverage is used. You acknowledge and agree that you shall access and use the futures trading service at your own risk, and that it is your sole responsibility and liability to fully understand the risks associated with futures trading and knowing the true status of any position. You are admonished of entering into a transaction or investing in funds that are above your financial abilities.
5.Risks Associated with the Blockchain Protocol. The technology platform and its related services are based on the blockchain protocol. As such, any malfunction, unintended function, unexpected functioning of or attack on the blockchain protocol may cause the technology platform to malfunction or to function in an unexpected or unintended manner.
6.Risks Associated with Blockchains and Crypto Assets. You acknowledge and accept that the EXEX has no control over any cryptocurrency network and you understand all risks associated with utilising any crypto assets network, including, but not limited to the risk of unknown vulnerabilities in or unanticipated changes to any network protocol. We will not be responsible for any harm occurring as a result of such risks.
7.No Control Over Your Own Actions. As defined in the foregoing cl. 4.3 (g) and other provisions herein YOU AGREE TO INDEMNIFY AND HOLD EXEX HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION, IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH YOUR USE OF OUR TECHNOLOGY PLATFORM, INCLUDING, BUT NOT LIMITED TO THOSE ARISING FROM YOUR PERSONAL ERROR AND MISBEHAVIOR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, LOSS OF YOUR ACCESSES, ETC.
8.Price Accuracy. Although we enforce strict price accuracy policies for all fiat providers and do our best to ensure that the content displayed on or via our platform is up-to-date and accurate, we cannot guarantee the reliability or accuracy of such content.
9.No Control Over Third-Party Services. If you encounter any problems with any third-party services available via EXEX, you acknowledge that you should resolve that issue with the relevant third-party or fiat provider and that your sole remedy in such circumstances lies with the relevant third-party and not with EXEX.
10.Risks Associated with Custom Keyboards. There are significant risks related to the use of third-parties’ custom keyboards while interacting with our technology platform. Such keyboards may have the potential to record and misuse users' keystrokes, including usernames, passwords, and other personal information, including without limitation your location and address book data. You acknowledge and accept that we will not be responsible for any harm occurring as a result of such risks and your use of third-parties’ custom keyboards. You further agree and accept that we reserve the right to restrict the use of any such keyboard at any time at our own discretion. For the avoidance of any doubt this right shall not be treated as our obligation to oversee your use of input systems. The way and means of how you interact with our technology platform is at your own risk.