Effective date: 01.07.2026
This Cryptocurrency Risk Disclosure ("Disclosure") is provided by 1519822 B.C. LTD ("Company", "we", "us", or "our") to inform customers and prospective customers of the material risks associated with purchasing, selling, exchanging, transferring, holding, and otherwise transacting in cryptocurrencies and other digital assets.
Cryptocurrencies and digital assets are relatively new and evolving financial products that involve a high degree of risk. Before using any services provided by the Company, individuals should carefully consider whether digital asset transactions are appropriate for their financial circumstances, investment objectives, level of experience, and risk tolerance.
By accessing or using the Company's services, you acknowledge that you have read and understood this Disclosure and that you accept the risks associated with cryptocurrency-related activities.
No investment advice
The Company provides cryptocurrency exchange and related services and does not provide investment advice, financial advice, tax advice, legal advice, portfolio management services, or recommendations regarding the suitability, profitability, or future performance of any digital asset.
Any information made available by the Company, whether through its website, communications, customer support channels, or otherwise, is provided for general informational purposes only and should not be interpreted as financial, investment, legal, or tax advice.
Customers remain solely responsible for conducting their own research and obtaining independent professional advice before making any financial decisions involving cryptocurrencies or digital assets.
Nature of digital assets
Cryptocurrencies and digital assets are not legal tender in most jurisdictions and generally are not issued, backed, guaranteed, or insured by governments, central banks, or public authorities.
The value of digital assets is determined by market demand and supply, market sentiment, technological developments, regulatory changes, and numerous other factors, many of which are outside the control of the Company.
Digital assets may experience significant fluctuations in value and may become difficult or impossible to sell, transfer, or exchange under certain market conditions.
Market volatility risk
The market value of cryptocurrencies can be highly volatile and unpredictable. Significant price movements may occur within very short periods of time and may result in substantial financial losses.
The price of a cryptocurrency may be affected by factors including market speculation, liquidity levels, technological developments, cybersecurity incidents, regulatory announcements, geopolitical events, macroeconomic conditions, media coverage, and changes in investor confidence.
There is no guarantee that any digital asset will maintain its value, recover from a decline in value, or remain actively traded in the future.
Customers should be prepared to lose all or a substantial portion of the value of digital assets purchased or held.
Liquidity risk
Digital asset markets may not always provide sufficient liquidity to support the timely execution of transactions at desired prices.
During periods of market stress, volatility, or reduced trading activity, customers may experience delays in executing transactions or may receive significantly different prices than anticipated.
Certain digital assets may have limited trading volume, which may increase the difficulty of buying or selling such assets at a particular time or price.
Technology and infrastructure risk
Cryptocurrencies rely on blockchain technology and distributed networks that may be subject to operational, technical, or security-related failures.
Blockchain networks may experience delays, congestion, software vulnerabilities, coding errors, consensus failures, forks, outages, or other disruptions that could affect transaction processing, asset availability, or the value of digital assets.
The Company does not control the operation of blockchain networks and cannot guarantee their availability, functionality, security, or performance.
Irreversible transaction risk
Transactions recorded on blockchain networks are generally irreversible once confirmed.
If a customer sends digital assets to an incorrect wallet address, uses incorrect transaction details, or authorizes a transaction in error, recovery of the transferred assets may be impossible.
The Company cannot reverse, amend, or cancel blockchain transactions once they have been processed and confirmed by the relevant network.
Customers are solely responsible for verifying all transaction details prior to authorizing any transaction.
Wallet and custody risk
Ownership and control of digital assets depend upon the security of wallet credentials, including private keys, passwords, seed phrases, authentication devices, and recovery mechanisms.
Loss, theft, compromise, or unauthorized disclosure of wallet credentials may result in permanent loss of access to digital assets.
Where customers choose to store digital assets in self-hosted wallets, the Company has no control over such wallets and cannot assist in recovering lost credentials or restoring access to digital assets.
Customers bear sole responsibility for maintaining the security of their wallets and credentials.
Cybersecurity risk
Digital asset markets and related service providers are frequent targets of cyberattacks, hacking attempts, phishing campaigns, malware infections, ransomware incidents, social engineering schemes, and other forms of cybercrime.
Unauthorized access to customer accounts, email accounts, devices, or wallet credentials may result in financial loss or theft of digital assets.
Although the Company maintains security controls designed to protect its systems and services, no cybersecurity framework can eliminate all risks.
Customers are encouraged to adopt appropriate security practices, including the use of strong passwords, multi-factor authentication, secure devices, and caution when responding to unsolicited communications.
Regulatory and legal risk
The legal and regulatory treatment of cryptocurrencies varies significantly between jurisdictions and continues to evolve.
Future legislative, regulatory, supervisory, tax, or enforcement actions may affect the availability, legality, transferability, taxation, or value of digital assets.
Regulatory changes may result in restrictions on particular cryptocurrencies, modifications to service offerings, enhanced verification requirements, limitations on transactions, or the suspension of certain activities.
The Company cannot predict future regulatory developments or their impact on customers or digital asset markets.
Stablecoin risk
Although stablecoins are generally designed to maintain a stable value relative to a reference asset, they are not risk-free.
Stablecoins may be subject to reserve management risks, liquidity risks, counterparty risks, operational risks, regulatory intervention, or loss of confidence by market participants.
Under certain circumstances, a stablecoin may lose its intended value relationship with the underlying reference asset and may experience significant price fluctuations.
Third-party risk
The Company's services may involve reliance upon third parties, including banks, payment service providers, blockchain networks, liquidity providers, technology vendors, custodians, compliance service providers, and other external counterparties.
The Company is not responsible for losses, delays, disruptions, service interruptions, or failures caused by third parties beyond its reasonable control.
Events affecting third-party providers may impact transaction processing, account functionality, withdrawals, deposits, or the availability of services.
Tax risk
Transactions involving cryptocurrencies and digital assets may have tax consequences under the laws of applicable jurisdictions.
Customers are solely responsible for determining their tax obligations and for maintaining records necessary to comply with tax reporting requirements.
The Company does not provide tax advice and recommends that customers consult qualified tax advisors regarding their individual circumstances.
No deposit insurance or government protection
Digital assets are generally not protected by deposit insurance schemes, investor compensation schemes, government guarantees, or similar protection mechanisms.
In the event of market losses, operational failures, cyber incidents, technological failures, or other adverse events, customers may be unable to recover some or all of their losses.
Customers should not assume that cryptocurrencies offer the same protections available to traditional bank deposits or regulated investment products.
Limitation of responsibility
The Company cannot guarantee the future value, liquidity, performance, legality, or continued availability of any cryptocurrency or digital asset.
The Company makes no representation regarding future market conditions or investment outcomes and does not guarantee that any transaction will result in profit or avoid loss.
Customers acknowledge that participation in cryptocurrency markets involves significant uncertainty and that all decisions relating to digital assets are made at their own risk.
Acknowledgement of risks
By using the Company's services, customers acknowledge that they understand the risks associated with cryptocurrencies and digital assets, that they are financially capable of bearing potential losses, and that they accept full responsibility for their decisions and activities involving digital assets.
If you do not fully understand or accept the risks described in this Disclosure, you should not use the Company's services.
Contact information
Questions regarding this Disclosure may be directed to:
Compliance Department
1519822 B.C. LTD
Email: contact@flux-remit.com
Address: 1771 ROBSON STREET, VANCOUVER BC V6G 3B7, CANADA
Website: https://flux-remit.com
