Risk Disclamer

Globalbitex.com Risk Disclaimer

By accessing and using Globalbitex.com and its services, you acknowledge and accept the risks associated with trading, holding, and transacting in cryptocurrencies and other digital assets. This Risk Disclaimer outlines essential risks to help you make informed, responsible decisions. It does not constitute financial, investment, tax, or legal advice.

If you are unsure about the risks involved or their implications, you should seek independent professional advice before participating.

General Risk Statement

The cryptocurrency market is speculative, highly volatile, and remains subject to limited regulation in many jurisdictions. Price movements can be unpredictable and rapid, often triggered by market sentiment, global events, technological developments, or regulatory actions. Cryptocurrencies carry the risk of complete capital loss. You should only invest funds you can afford to lose.

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Key Risks You Should Be Aware Of

1️⃣ Market Volatility

Cryptocurrency prices can fluctuate drastically due to factors such as market speculation, regulatory changes, macroeconomic shifts, and cyber incidents.

Reference:

  • Bank for International Settlements (BIS), “The Crypto Ecosystem: Key Elements and Risks” (2022)
    https://www.bis.org

2️⃣ Regulatory Uncertainty

Crypto assets are subject to evolving regulations worldwide. Regulatory changes can happen without notice and may restrict or alter your ability to trade or hold certain digital assets.

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3️⃣ Cybersecurity Risks

While Globalbitex.com enforces robust security protocols, no online platform is entirely immune to hacking, phishing, or distributed denial-of-service (DDoS) attacks. Users are strongly encouraged to adopt personal security measures, including strong passwords and two-factor authentication.

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4️⃣ Third-Party Risks

Services provided by third parties — such as identity verification, payment processing, or liquidity services — carry inherent operational risks. Globalbitex.com does not assume liability for any losses, delays, or breaches caused by third-party service providers.

Reference:

  • Financial Stability Board (FSB), “Regulation, Supervision and Oversight of Crypto-Asset Activities and Markets” (2023)
    https://www.fsb.org

5️⃣ Legal and Tax Responsibilities

It is your sole responsibility to ensure that your use of Globalbitex.com complies with local laws and to fulfill any tax obligations associated with your crypto-asset activities.

Reference:

  • OECD, “Taxing Virtual Currencies: An Overview of Tax Treatments and Emerging Tax Policy Issues” (2020)
    https://www.oecd.org

6️⃣ Irreversible Transactions

Blockchain transactions are final and irreversible once confirmed. Errors in wallet addresses, transaction amounts, or payment details cannot be corrected or reversed by Globalbitex.com.

Reference:

  • International Organization of Securities Commissions (IOSCO), “Issues, Risks and Regulatory Considerations Relating to Crypto-Asset Trading Platforms” (2020)
    https://www.iosco.org

7️⃣ Liquidity Risks

Some crypto assets may experience low market liquidity, affecting your ability to buy or sell substantial amounts without influencing market price.

Reference:

  • Financial Action Task Force (FATF), “Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers” (2021)
    https://www.fatf-gafi.org

8️⃣ No Investment Guarantee

Globalbitex.com does not offer investment guarantees. Historical market performance is not indicative of future results, and you should conduct your own due diligence before making investment decisions.

Reference:

  • UK Financial Conduct Authority (FCA), “Consumer Warning on the Risks of Investing in Cryptoassets” (2022)
    https://www.fca.org.uk

Limitation of Liability

To the fullest extent permitted by law, Globalbitex.com, its affiliates, directors, employees, and partners shall not be held liable for any losses, including but not limited to direct, indirect, incidental, consequential, or punitive damages arising from the use or inability to use our services.

User Responsibility

By engaging in transactions via Globalbitex.com, you confirm that:

  • You fully understand the risks associated with digital assets.

  • You have the financial resilience and expertise to absorb potential losses.

  • You operate within the legal framework of your jurisdiction.

  • You have sought professional advice where necessary.

Policy Revisions

This Risk Disclaimer is subject to updates in line with evolving market, regulatory, and operational changes. We advise users to review this document regularly.

Contact Information

For inquiries or clarifications:

📧 Email: legal@globalbitex.com
📞 Phone: +[Country code][number]
🏢 Registered Address: [Your Business Address]