Risk Disclosure & Warning Policy

Last updated: 10/03/25

1. Introduction

This Risk Disclosure and Warning Policy outlines the potential risks associated with trading, investing, and transacting in cryptocurrencies on our platform. The aim is to ensure users are fully informed of the inherent risks before engaging in any activity involving cryptocurrencies. By accessing or using our services, you acknowledge that you have read, understood, and accepted this policy.

 

2. Regulatory Framework

This policy complies with the relevant provisions of:

• Polish Civil Code (Kodeks cywilny),
• Act on Counteracting Money Laundering and Terrorism Financing (AML ACT),
• EU Markets in Financial Instruments Directive (MiFID II), where applicable,
• Consumer Rights Protection Act,
• Other relevant regulations established by the Polish Financial Supervision Authority (KNF).

While cryptocurrencies are not classified as legal tender or financial instruments under Polish law, transactions involving cryptocurrencies are subject to general legal and regulatory requirements.

 

3. Key Risks

Please carefully read and consider the following risks:

Market Volatility

Cryptocurrency prices are highly volatile and can fluctuate significantly within short periods. Users may incur substantial losses or gains based on market movements.

Regulatory Risks

Cryptocurrencies are subject to evolving regulations in Poland and internationally. Changes in legislation, tax policies, or enforcement actions may impact the value or legality of cryptocurrency activities.

Security Risks

While we employ robust security measures, the inherent nature of blockchain technology and digital assets makes them susceptible to cyber-attacks, hacking, and unauthorized access. Users are responsible for securing their accounts and private keys.

Irreversibility of Transactions

Cryptocurrency transactions are typically irreversible. Mistakes, such as sending funds to the wrong wallet address, cannot be corrected, and funds may be permanently lost.

Risk of Loss

Users are solely responsible for any financial losses resulting from trading or holding cryptocurrencies. Past performance is not indicative of future results.

Market Liquidity Risk

Certain cryptocurrencies may have limited liquidity, making it challenging to buy or sell them at favorable prices, which may potentially lead to delays or price slippage.

Technology Risks

The platform depends on internet-based technology, which may be disrupted due to hardware failures, software bugs, or network outages, potentially causing delays or losses.

Tax Implications

Users are responsible for understanding and complying with their tax obligations related to cryptocurrency transactions as per Polish tax law.

 

4. User Responsibilities

Conduct Independent Research: Users should educate themselves on the nature and workings of cryptocurrencies.

Assess Financial Risk: Engage in cryptocurrency activities only if you fully understand the associated risks and can bear the potential financial losses.

Safeguard Access: Maintain secure passwords, enable two-factor authentication (2FA), and protect private keys from unauthorized access.

 

5. No Guarantees or Liability

We do not guarantee:

• Future value or performance of any cryptocurrency,
• Uninterrupted or error-free operation of the platform.
• The platform is not liable for:
• Losses incurred due to market volatility or user actions,
• Breaches caused by third parties, provided reasonable security measures were in place.

 

6. Risk Awareness Statement

By using the platform, you confirm that you:

• Have read and understood this Risk Disclosure and Warning Policy,
• Are aware of the potential risks and consequences of trading or holding cryptocurrencies,
• Are engaging in these activities voluntarily and at your own risk.

 

7. Updates to this Policy

We reserve the right to update or amend this Risk Disclosure and Warning Policy at any time. Changes will be effective upon posting on our website. Users are encouraged to review this policy periodically.

 

8. Contact Information

If you have any questions or require additional information regarding this policy, please contact us:

Geritdan Sp. z o.o.

Hoza street 86/210, Warsaw, 00-682, Poland

Email: [email protected]