Điều khoản & Điều kiện

This Risk Disclosure outlines key risks associated with using digital asset trading services offered by Nines Corporation LLC (hereinafter referred to as "we", "us", "our", or the "Service"). By accessing our services, you acknowledge and accept these risks in full.

The Service does not provide investment advice or personalized recommendations. You are solely responsible for evaluating whether any trading activity suits your financial situation and risk appetite.

Market and Investment Risks

Investment Risk and Capital Loss

Investing in digital assets involves substantial risk. Prices can fluctuate dramatically, and you may lose part or all of your capital. Assets held with the Service are not protected by investor compensation schemes, deposit insurance, or similar safeguards.

Transactions involving digital assets are generally irreversible. Losses resulting from fraud, unauthorized access, or errors may not be recoverable. You are solely responsible for all activity conducted through your account.

New investors should start with minimal amounts and only invest funds they can afford to lose entirely. Thorough personal research is essential before proceeding.

Price Volatility Risk

Digital asset prices are extremely volatile and difficult to forecast. Market conditions can change rapidly due to regulatory shifts, economic factors, and technological developments. These fluctuations may result in substantial losses.

Performance and Guarantee Limitations

Past performance is not indicative of future results. The Service does not guarantee the performance, price stability, or future value of any digital asset offered through its services.

Systemic and Systematic Risk Exposure

The digital asset industry is exposed to both systemic and systematic risks. Systemic risk involves failures or disruptions at the company or industry level that can lead to market-wide impact. Systematic risk reflects broader market threats stemming from economic, political, technological, or environmental events. Both may significantly affect digital asset values.

Technological Development Risk

Blockchain technology is still emerging and rapidly evolving. The growth and sustainability of digital assets depend on unpredictable technological and market developments, which may affect asset reliability and value.

Market Perception and Confidence Risk

Negative public sentiment toward digital assets may erode investor confidence, increase volatility, and lead to significant value loss. Adverse events or media coverage can have a direct impact on digital asset markets.

Liquidity Risk

Digital asset prices in secondary markets are determined by supply and demand dynamics and may exhibit extreme volatility. Certain digital assets may possess limited liquidity, which can make it difficult or impossible to sell positions or exit investments when desired. These liquidity constraints may occur at any time, including during periods of rapid price movements when you may most need to execute transactions.

Market Manipulation Risk

Due to limited regulation, cryptocurrency markets are vulnerable to manipulation, artificial pricing, and the spread of misinformation.

Leverage Trading Risk

When using leverage trading, losses may exceed your initial investment. Forced liquidation may occur when the market moves against your position. Derivatives contracts amplify both potential profits and losses compared to spot trading, with leverage utilization magnifying all risks associated with underlying digital assets. The risk of total loss is substantial, particularly during volatile market conditions where digital asset prices may decline dramatically within short timeframes.

Derivatives Trading Risks

Trading derivatives involves substantial risk and may not be suitable for inexperienced investors. Before engaging in derivatives trading, you must understand the complex nature of these leveraged products and accept their inherent risks. Derivatives contract prices may not mirror underlying digital asset spot market prices and can fluctuate significantly in response to various market factors beyond simple price movements of the underlying asset. Position management requires careful attention to ensure you do not risk more than you can afford to lose entirely.

Margin and Liquidation Risks

Margin requirements for derivatives positions create additional complexity. If markets move against your positions, you may receive notifications and labels requiring immediate additional collateral to maintain your positions. Failure to meet these requirements typically results in position liquidation, potentially causing total loss of all provided collateral. In exceptional circumstances, you may remain liable for deficit balances following liquidation. Profitable positions may face forced closure through auto-deleveraging mechanisms when counterparties provide insufficient collateral, preventing you from receiving expected profits. Market liquidity constraints may prevent position closure when desired, while platform parameter changes such as margin requirement adjustments can affect your trading capacity.

Additional Considerations

Perpetual products operate without fixed terms, subjecting you to ongoing funding rate obligations throughout the duration of your positions. These funding costs can accumulate significantly over time, affecting overall position profitability.

We reserve the right to terminate derivatives product offerings at our discretion. Forced position closures during unfavorable market conditions may result in substantial losses for which the company assumes no responsibility.

Technical Risks

Platform Technology Risk

Technical errors, system downtime, or platform failures may delay or prevent trade execution. The Service assumes limited responsibility for any resulting losses due to technical malfunctions or disruptions in service.

Cybersecurity Risk

Digital asset platforms are exposed to cybersecurity threats, including hacking, phishing, and malware. Unauthorized access to your account or personal data may lead to loss of assets or compromised information.

Blockchain Infrastructure Risk

Digital assets rely on blockchain networks, which may suffer from technical flaws, protocol failures, or network congestion. These issues can result in transaction delays, errors, or asset losses. Hard forks—software updates that split a network into incompatible versions—can lead to parallel blockchains. This may affect asset pricing, demand, and user trust.

Blockchain Concentration and Governance Risk

Some blockchain networks face concentration risk, where a small number of holders control large portions of the total supply. Liquidation by these holders can trigger extreme market volatility. Additionally, if a single entity gains control of over 51% of the network’s computing power, they may perform double-spending attacks or disrupt consensus mechanisms. Although unlikely in major networks, such events could critically damage market confidence and asset values.

Regulatory and Legal Risks

Regulatory Change Risk

Digital assets operate without central authority support and are not backed by traditional government or institutional guarantees. Because of their decentralized nature, their legal status and market value are highly sensitive to regulatory developments, which may occur unpredictably and vary widely by jurisdiction. Global cryptocurrency regulations are evolving rapidly. Sudden legislative or regulatory changes may restrict, prohibit, or otherwise impact the trading, transfer, or use of specific digital assets. Such changes may also affect the availability or legality of services offered by the Service in certain regions.

Legal Status and Property Rights Uncertainty

The legal status of digital assets is unclear in many jurisdictions. In some regions, digital assets may not be recognized as property under applicable law. This ambiguity can affect your ability to assert ownership, transfer rights, or pursue legal remedies in disputes. Without consistent legal definitions, your rights as a digital asset holder may be uncertain and subject to varying interpretations by courts and regulators. This legal uncertainty may lead to unforeseen sanctions, restrictions, or complications in asset inheritance, recovery, or enforcement.

Tax, Legal, and Regulatory Obligations

You are solely responsible for understanding and fulfilling your tax obligations arising from transactions conducted through the Service. This includes determining applicable taxes, reporting requirements, and deadlines. The Service does not provide legal or tax advice, and we strongly encourage you to consult a qualified professional for guidance. Where required by law, the Service may report your transactions, transfers, or payments to tax authorities and withhold applicable taxes. You may also be asked to provide tax-related documents or certifications. Failure to comply may result in tax withholding as required by law.

Operational Risks

Counterparty Risk

When using the Service, you may be exposed to counterparty risk. This may occur if market makers, liquidity providers, or payment processors face operational issues, leading to failed or delayed trade execution, deposit or withdrawal disruptions, or slippage in expected pricing. You may also face counterparty risk if borrowers default on repayment obligations tied to certain investment products, delaying your ability to redeem assets. In exceptional circumstances, your ability to access, transfer, or manage your assets may be impaired. This could result in failed transactions, unrecoverable trading costs, missed profit opportunities, or inability to transact at preferred prices. Counterparty risk may also arise from insolvency, bankruptcy, or contractual default by the Service or affiliated third parties.

Custody Risk

Risks of loss, theft, or technical errors may occur during the custody of customer assets. Due to the nature of cryptocurrencies, recovery of lost assets may be impossible.

Service Availability Risk

While the Service aims to provide uninterrupted access to its services, we cannot guarantee continuous platform availability. Unplanned outages, network congestion, or technical disruptions may occur, potentially preventing you from buying, selling, transferring, or receiving digital assets as intended. Legal and regulatory requirements differ by jurisdiction. As a result, certain products, services, or platform features may be restricted or unavailable in specific regions or for particular users. This includes promotional campaigns, competitions, and special offers, which may not be accessible where prohibited. Users are solely responsible for understanding and complying with any legal or regulatory restrictions applicable in their jurisdiction. The Service reserves the right to modify or introduce access restrictions at any time without prior notice.

Information-Related Risks

Information Accuracy

Price information, market data, charts, and news displayed on the Service platform may be delayed, incomplete, or inaccurate. Such information is provided for general reference only and should not be solely relied upon when making investment decisions. You bear full responsibility for any losses resulting from decisions based on this information, and the Service assumes no liability for outcomes arising from reliance on platform-provided data.

No Investment Advice

The Service does not provide personal investment advice, financial guidance, or trading recommendations. While we may offer factual information, market data, and general risk disclosures, all decisions regarding the use of our services are entirely your own. No communication or content provided by the Service should be interpreted as investment advice or financial counsel. You are solely responsible for evaluating whether any investment decision, strategy, or transaction aligns with your financial situation, investment goals, and risk tolerance.

Compensation And Liability Limitations

Compensation Limitations

The Service is not liable for losses resulting from force majeure, government actions, or market condition changes.

Liability Limitations

The Service's liability for direct or indirect losses occurring during service use is limited to the extent permitted by applicable law.

Customer Obligations

Information Security

You are responsible for safely managing account information, passwords, and two-factor authentication.

Legal Compliance

You must participate in trading in compliance with applicable laws in your jurisdiction.

Disclaimer

This risk disclosure may not completely encompass all risks associated with cryptocurrency trading. New risks may emerge based on market conditions, regulatory environment, and technological developments. You are advised to continuously monitor market trends and seek professional advice when necessary.

The Service reserves the right to modify the contents of this risk disclosure without prior notice.