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FeeBuddies

Risk Statement

Last updated: January 2025

Important information about the risks associated with cryptocurrency trading.

1. Market Volatility

Cryptocurrency markets are highly volatile and can experience rapid price movements. Values can fluctuate dramatically within short periods, potentially resulting in significant gains or losses. Market conditions can change rapidly due to various factors including regulatory changes, market sentiment, and technological developments.

2. Financial Loss Risk

Trading cryptocurrencies carries the risk of substantial financial loss, including:

  • Complete loss of invested capital
  • Losses exceeding initial investment (in leveraged trading)
  • Inability to recover losses due to market conditions
  • Opportunity cost of alternative investments

3. Regulatory Risks

Cryptocurrency regulations vary by jurisdiction and are subject to change. Regulatory actions can significantly impact market prices, trading availability, and the legal status of cryptocurrencies. Changes in regulations may affect your ability to trade or access your funds.

4. Technology Risks

Cryptocurrency trading involves various technology risks:

  • Exchange platform failures or downtime
  • Security breaches and hacking incidents
  • Smart contract vulnerabilities
  • Network congestion and transaction delays
  • Loss of private keys or access credentials

5. Liquidity Risks

Some cryptocurrencies may have limited liquidity, making it difficult to buy or sell at desired prices. Low liquidity can result in significant price slippage and may prevent you from executing trades when needed.

6. Psychological Factors

Trading can be emotionally challenging and may lead to poor decision-making due to fear, greed, or other psychological factors. Emotional trading often results in losses and can negatively impact your financial well-being.

7. No Investment Advice

FeeBuddies does not provide investment advice, recommendations, or guidance on trading decisions. We are solely a rebate service provider. All trading decisions are your own responsibility, and you should conduct thorough research before making any investment decisions.

8. Suitability Assessment

Before trading cryptocurrencies, consider whether it is suitable for your:

  • Financial situation and risk tolerance
  • Investment objectives and time horizon
  • Knowledge and experience with cryptocurrencies
  • Ability to sustain potential losses

9. Professional Advice

We strongly recommend consulting with qualified financial advisors, tax professionals, and legal experts before engaging in cryptocurrency trading. Professional advice can help you understand the risks and make informed decisions.

10. Acknowledgment

By using FeeBuddies services, you acknowledge that you have read, understood, and accepted all the risks outlined in this statement. You confirm that you are trading at your own risk and that FeeBuddies is not responsible for any trading losses you may incur.