HNC Revolution Risk Disclosure Statement
Trading and financing trades in Digital Tokens entails certain risks. This risk disclosure statement cannot and does not disclose all risks and other aspects involved in holding, trading or other activities in Digital Tokens. Risks include, but are not limited to, the following:
- Market Risk: The market for Digital Tokens is still new and uncertain. No-one should have funds invested in Digital Tokens or speculate in Digital Tokens that he/she is not prepared to lose entirely. Whether the market for one or more Digital Tokens will move up or down or whether a particular Digital Token will lose all or substantially all of its value is unknown. This applies both to traders that are going long and to traders that are shorting the market. Participants should be cautious about holding Digital Tokens.
- Liquidity and Listing Risk: Markets for Digital Tokens have varying degrees of liquidity. Some are quite liquid while others may be thinner. Thin markets can amplify volatility. There is never a guarantee that there will be an active market for one to sell, buy or trade Digital Tokens or products derived from or ancillary to them.
HNC Revolution makes no representations or warranties about whether a Digital Token that may be traded on or through the Site may be traded on or through the Site at any point in the future, if at all. Any Digital Token is subject to delisting.
- Legal Risk: The legal status of certain Digital Tokens may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more Digital Tokens constitute property or assets or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how Digital Tokens will be addressed, regulated and taxed under applicable law.
- Trading Risk: In addition to liquidity risks, values in any digital token marketplace are volatile and can shift quickly. Participants in any Digital Tokens market are warned that they should pay close attention to their position and holdings and how they may be impacted by sudden and adverse shifts in trading and other market activities.
- Risks Associated with Financing Activities: When you finance a purchase or sale of Digital Tokens on a peer-to-peer basis, you run the risk of losing your provided financing. Similarly, when you accept financing to enter a trading agreement, you accept the risk of not being able to repay that financing (e.g. if the market price of the Digital Token you purchased with the financing falls).
Participants should know all of the terms of any contracts they enter and how their trading strategies and other market and risk factors can affect their financing obligations. No legal, tax investment or other advice is provided by any HNC Revolution entities.
Please consult your legal/tax/investment professional for questions about your specific circumstances. Digital asset holdings involve a high degree of risk and can fluctuate greatly on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless.