SERAFIM S.R.O. – CRYPTOCURRENCY RISK DISCLOSURE
Please read this Risk Disclosure carefully. By using Serafim s.r.o.’s cryptocurrency products or services (the “Services”), you acknowledge and agree that:
- HIGH VOLATILITY & MARKET RISKS
Cryptocurrencies are highly volatile, subject to rapid and significant price fluctuations. You may experience large gains or total loss of your investment. Only invest what you can afford to lose. - LEGAL & REGULATORY UNCERTAINTY
Crypto-assets are neither recognized as legal tender nor uniformly regulated. Regulatory changes can materially impact their value, transferability, and legality. - LIQUIDITY RISKS
Some digital assets may have low trading volume or become illiquid, making it difficult to buy or sell at desired times or prices. - TECHNOLOGY & IT RISKS
Transactions are executed over digital platforms that may suffer outages, hacks, or technical failures. Loss of access, service disruptions, or irreversible errors in transactions (e.g., sending to an incorrect address) are possible. - CYBERSECURITY THREATS
Digital assets and platforms may be vulnerable to fraud, phishing, malware, or other cyberattacks. Custodial services may also face security risks beyond your control. - IRREVERSIBILITY OF TRANSACTIONS
Crypto transactions are typically irreversible. Mistakes or unauthorized transactions cannot be undone once confirmed on the blockchain. - NETWORK & PROTOCOL RISKS
This includes risks from forks, rollbacks, 51% attacks, or other network-related disruptions that could affect asset integrity or your holdings. - COUNTERPARTY & THIRD-PARTY RISKS
Transactions often rely on third-party exchanges or service providers. In case of insolvency, fraud, or operational failure of these parties, you may incur losses. - NO INSURANCE OR PROTECTION
Funds held or transacted through Serafim s.r.o. are not covered by deposit insurance (e.g., FDIC/SIPC) or private insurance unless explicitly stated. - ADVANCED INVESTMENTS & COMPLEXITY
Crypto markets include derivatives and advanced trading products. These carry additional risk and may be unsuitable for inexperienced users. Carefully assess your understanding before engaging. - TAX & COMPLIANCE LIABILITY
Crypto transactions may have tax implications and may be subject to reporting under anti-money laundering and counter-terrorism financing laws. It is your responsibility to comply with relevant laws in your jurisdiction. - NOT ALL RISKS LISTED
This disclosure does not cover all risks. Others may exist now or emerge in the future. Before using our Services, ensure you have independently assessed all risks and, if necessary, consulted with legal, tax, or financial advisors.
ACKNOWLEDGMENT
By proceeding with Serafim s.r.o.’s Services, you confirm that:
- You understand and accept the risks described above;
- You have sufficient knowledge or seek professional advice where needed;
- You are responsible for your investment decisions and any resulting losses.
Last Updated: 24/07/2027
Serafim s.r.o. | support@seraphimex.com
