This notice outlines the general risks associated with using ChinaitechPay’s digital asset services. Each service carries unique risks, and this document does not cover all potential scenarios. By using ChinaitechPay, you acknowledge these risks and accept full responsibility for your financial decisions.
2. Important Disclaimers
A. No Financial Advice
- ChinaitechPay provides no investment, tax, or legal advice
- All trading decisions are your sole responsibility
- You must assess whether services align with your:
- Financial objectives
- Risk tolerance
- Personal circumstances
B. No Fiduciary Duty
- We act as a service provider only
- We do not monitor whether your activity matches your goals
C. Tax Obligations
- You are responsible for:
- Understanding tax implications
- Reporting taxable events
- Paying applicable taxes
- We may share transaction data with authorities when legally required
3. Key Risk Factors
A. Market Risks
- Extreme volatility: Prices can change rapidly
- Liquidity risks: You may not be able to sell when desired
- 24/7 markets: Price swings can occur at any time
B. Security Risks
- Irreversible transactions: No chargebacks for errors or fraud
- Account security: You must protect login credentials
- Third-party risks: We rely on partners (banks, payment processors)
C. Operational Risks
- Service interruptions: Possible downtime or delays
- Regulatory changes: Services may be restricted in some jurisdictions
- Fees: Transaction costs affect your returns
D. Technology Risks
- Blockchain failures: Including hacks, forks, or protocol errors
- Smart contract vulnerabilities: Potential exploits in DeFi systems
4. User Responsibilities
You agree to:
- Maintain adequate security for your account
- Understand all fees before transacting
- Comply with local laws and regulations
- Seek professional advice for tax/legal matters
5. Limitation of Liability
ChinaitechPay is not liable for:
- Market losses
- Unauthorized account access
- Third-party actions
- Regulatory changes affecting asset values
By using our services, you confirm that you:
- Have read this notice
- Understand these risks
- Accept full responsibility for your trading decisions
For the latest fee schedule and service terms, visit: [ChinaitechPay Official Website]
This document may be updated periodically. Continued use of services constitutes acceptance of revised terms.
