Risk Disclosure Statement

Before trading or transacting using our Services, it is important to understand the risks. We have included below, in more detail, the potential risks in trading or transacting using our Services. The risks described below are not intended to be exhaustive and are not presented in any assumed order of priority. We ask you to take time to carefully read them through and to consider whether trading and transacting on Bitria is appropriate in your particular circumstances.

You should seek independent professional advice if you do not fully understand the risks of using our Services.

1. Trading Risks

You acknowledge and agree that you shall access and use the Services at your own risk. The risk of loss in trading digital asset pairs can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances, objectives and financial resources. You should be aware of the following points:

• You may sustain a total loss of the funds transferred to, and of all funds in, your Bitria account.
• The traded price of digital assets can fluctuate greatly within a short period of time.
• The traded price of a digital asset may decrease due to various factors including discovery of wrongful conduct, market manipulation, changes to properties of the digital asset, cyberattacks, suspension or cessation of support for a digital asset, and other factors outside the control of Bitria.
• Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price.
• Placing contingent orders, such as stop-loss orders, will not necessarily limit your losses to the intended amounts, as market conditions may make it impossible to execute such orders.

2. Internet Transmission Risks

You acknowledge that there are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connections. You acknowledge that Bitria shall not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when trading via the Services, howsoever caused.

3. Risks Associated with Attacks on the Services

The Services and/or your accounts and the funds held therein may be subject to attacks on their security, integrity or operation ("Attacks"), including but not limited to:

• Distributed denial of service (DDoS) attacks
• Sybil attacks, phishing, social engineering
• Hacking, smurfing, malware attacks
• Double spending, majority mining power (51%) attacks
• Consensus-based attacks, or other exploits

You acknowledge and agree that Bitria shall not be responsible or liable for any losses resulting therefrom. Bitria does not guarantee the security of its systems, networks, or your account against such attacks, despite taking commercially reasonable measures to mitigate these risks.

4. Risks Arising from Properties of Digital Assets

Digital assets and their underlying blockchain networks are still emerging technologies. The following risks are inherent:

• Digital assets may have design flaws, bugs, or vulnerabilities in their underlying code or protocol.
• A blockchain network may be subject to forks, which may result in the creation of new digital assets or changes to the properties of existing ones.
• Smart contracts associated with digital assets may contain errors or may not function as intended.
• Mining or staking mechanisms may change, affecting transaction processing and network security.
• Digital assets may become worthless due to technological obsolescence or community abandonment.

5. Regulatory and Legal Risks

The regulatory framework for digital assets is evolving and varies by jurisdiction. You acknowledge the following risks:

• Changes in laws, regulations, or government policies may adversely affect the use, transfer, or value of digital assets.
• Regulatory actions may restrict or prohibit the use of digital assets in certain jurisdictions.
• Tax treatment of digital assets may change and you are solely responsible for compliance with applicable tax laws.
• Bitria may be required to comply with new regulations that could impact the availability of certain services or digital assets on the Platform.

6. Leverage and Margin Trading Risks

If you engage in leveraged or margin trading on the Platform, you should be aware of the following additional risks:

• Leverage amplifies both potential gains and losses. You may lose more than your initial investment.
• Margin calls may require you to deposit additional funds on short notice. Failure to meet a margin call may result in forced liquidation of your positions.
• In volatile market conditions, liquidation may occur at prices significantly different from your expected liquidation price.
• Funding rates for perpetual contracts may fluctuate and affect the cost of holding positions.

7. Liquidity Risks

Some digital assets may have limited liquidity. This means:

• You may not be able to buy or sell a digital asset at your desired price or in the desired quantity.
• Bid-ask spreads may be wide, particularly for less popular digital assets.
• Market depth may be insufficient to support large orders without significant price impact.
• Bitria does not guarantee the liquidity of any digital asset listed on the Platform.

8. Counterparty and Third-Party Risks

Bitria relies on third-party service providers and partners to operate the Platform. You acknowledge:

• Third-party service providers may experience failures, breaches, or interruptions that affect the Platform.
• Partner exchanges or liquidity providers may face insolvency, regulatory action, or operational issues.
• Bitria is not responsible for the actions or omissions of third-party service providers.

9. Wallet and Custody Risks

Digital assets stored on the Platform are subject to the following risks:

• Loss of private keys or access credentials may result in permanent loss of digital assets.
• Errors in wallet addresses when initiating transfers may result in irreversible loss of funds.
• Blockchain network congestion may delay deposits and withdrawals.
• Bitria may suspend deposits or withdrawals for specific digital assets due to network upgrades, security concerns, or regulatory requirements.

10. No Guarantee of Returns

Bitria does not guarantee any returns on your investments. Past performance of digital assets is not indicative of future results. You should never invest more than you can afford to lose.

The information provided on the Platform does not constitute financial, investment, trading, or other advice. Bitria does not recommend that any digital asset should be bought, sold, or held by you. Any trading decisions are made at your sole risk and responsibility.

11. Acknowledgment

By using the Platform, you acknowledge that you have read, understood, and accepted the risks described in this Risk Disclosure Statement. You confirm that you are willing to assume these risks and that Bitria LLC shall not be held liable for any losses incurred as a result of your use of the Services.