Risk Disclosure
Crypto-assets involve significant risks. By using Plumex, you acknowledge and accept the following:
- Price volatility: crypto-asset prices can change rapidly; you may lose part or all of your value.
- No deposit protection: crypto-assets are not bank deposits and are not covered by deposit guarantee schemes.
- Transaction finality: blockchain transfers are generally irreversible once broadcast; wrong address/network/memo may result in permanent loss.
- Execution risk: swap quotes may include spread; executed swaps are typically final.
- Operational and third-party risk: services may rely on third parties (e.g., identity verification, infrastructure, liquidity, cash partners). Outages or delays may occur.
- Compliance and access restrictions: we may restrict, suspend, or decline transactions or accounts due to AML/CTF, sanctions, fraud prevention, or security controls.
- Regulatory and tax risk: laws and tax treatment may change; you are responsible for your own tax reporting.
This Risk Disclosure is informational and is not financial, legal, or tax advice.