RISK OF TRADING

Market Risks

  1. An investment in Digital Assets carries significant risk. The value of an investment and any returns can go up or down, and you may lose all or part of your investment and not get back the amount you had invested. If you are new to Digital Assets, consider investing only a small amount. Only invest what you can afford to lose. It is important to do your own research to understand the risks of investing in Digital Assets. To learn more about Digital Assets, please refer to 
  2. Digital Asset trading is speculative, prices are volatile and market movements are difficult to predict. Supply and demand for Digital Assets can change rapidly without warning and can be affected by a variety of factors which may not be predictable, including regulation, general economic trends, and developments in the Digital Asset ecosystem. All investments in Digital Assets carry the risk of loss.
  3. Past performance is not an indicator of future performance. Bicoins does not in any way guarantee or provide any assurance about the performance or market price of Digital Assets or products available through the Bicoins Services.
  4. The Digital Asset industry is subject to systemic and systematic risk. Systemic and systematic risks are both threats to the Digital Asset markets and economy, but the cause of these risks and the approaches for managing them are different. Systemic risk is the risk that a company or industry-level risk could trigger a major collapse. Systematic risk is the risk inherent to the entire market, which can be economic, sociopolitical, technological, or natural in origin. These risks can affect the prices of Digital Assets.
  5. Blockchain technology is a relatively new technology that is evolving rapidly and is likely to be subject to continued technological development.  The future development and growth of the Digital Asset industry are subject to a variety of factors that are difficult to predict and evaluate. Similarly, the sustainability of Digital Asset networks may also be affected by a range of different factors.  All such factors may impact the value of a Digital Asset.
  6. Negative perceptions about Digital Assets may reduce the confidence of investors in the industry and result in greater volatility of the prices of Digital Assets, including possibly a significant depreciation in value.  Any events that trigger negative publicity in respect of Digital Asset markets may therefore have an adverse impact on the value of any investment in Digital Assets.    

Counterparty Risk

  1. You may be exposed to counterparty risk in various circumstances when using Binance Services. This may include, without limitation, if a market maker or liquidity provider faces issues which could result in slippage or an inability to execute trades; failures by or disputes with payment processors which may delay deposit and withdrawal transactions; borrowers defaulting on their repayment obligations which may delay the redemption of deposits from certain products.     
  2. In such other exceptional circumstances, your holdings and your ability to transact or deal with your holdings may be adversely affected which may result in a range of outcomes including, without limitation, transactions not completing as expected, trading costs being irrecoverable, loss of profits, inability to acquire or dispose of assets at the desired time or price.

 

Liquidity risk

  1. Digital Asset prices on the secondary market are driven by supply and demand and may be highly volatile. Digital Assets may have limited liquidity which may make it difficult or impossible for you to sell or exit a position when you wish to do so. This may occur at any time, including at times of rapid price movements.

Fees & Charges

  1. Our fees and charges are set out here. Bicoins may, at its discretion, update the fees & charges from time to time. Please be aware of all fees and charges that apply to you, because such fees and charges will affect the returns you generate from using Bicoins Services.