2.1 Virtual assets are highly volatile and you may lose all or part of your holdings.

2.2 Past performance is not indicative of future results.

3.1 Core Services may involve custodial storage and omnibus wallet structures. Operational failures, cyber incidents, or insolvency of a provider or third party may affect access.

3.2 You may not have the same protections as in traditional financial services (e.g., deposit insurance).

4.1 Blockchain transactions may be irreversible. Incorrect addresses, networks, or tags may cause permanent loss.

5.1 Confirmations can be delayed, fees can spike, and networks can experience forks, reorganisations, outages, or attacks.

6.1 Services depend on third parties (liquidity, blockchain infrastructure, card issuers, processors, ATM operators). Their failure may disrupt services.

7.1 Stablecoins may de‑peg, face reserve or issuer risks, regulatory actions, or redemption limits.

8.1 Card Transactions are settled in fiat by the Card Issuer/processor. Cards may be declined for merchant/issuer reasons; limits/fees may apply.

8.2 Chargebacks/disputes follow scheme rules; crypto conversions that fund card spend may remain final.

9.1 Laws and regulatory interpretations for virtual assets change rapidly. Services may be restricted, modified, or discontinued due to regulatory developments (including sanctions regimes).

10.1 Tax rules vary and may treat swaps/spends as taxable events. You must obtain independent tax advice.

11.1 You are responsible for device security, credential protection, and avoiding phishing/scams.

12.1 This Risk Disclosure is not exhaustive. Additional risks are described in Terms and other Policies.

13.1 This Risk Disclosure is governed by the governing law provisions in the Terms of Service.