Dear users:
The digital asset entrusted management service provided by [YIBI] platform is subject to risks based on objective technical reasons and subjective policy reasons. Therefore, users must agree to this Agreement when opening and using the digital asset entrusted management service. This behavior also represents that users fully understand and agree to accept the risks of digital asset entrustment management services provided by [YIBI] Platform. The Contents of this risk warning book shall be subject to the Chinese version.
preface
This risk warning book aims to reveal the objective technical risks and subjective strategic risks of digital asset entrustment management services to investors, and to help users assess and determine their own capabilities. In view of the existence of investment risk, before the confirmation of this agreement and for digital assets entrusted, users should carefully read book risk warning, must ensure that they understand about the nature of entrusted management, rules, and according to their own investment experience, objectives, financial situation and ability to bear risks to decide whether to delegate.
Investors should seek legal and other independent professional advice before applying for lods and contracts.
The right investor
Subjective strategy of digital assets entrusted management services, might contain leverage and risk, only suitable for investment institutions or experienced professionals, or be able to fully understand about all digital asset derivatives trading risks, can withstand the accounts due to bad investments part or all of the losses.
Existing risks
1. Price fluctuations and transaction risks
Digital assets has investment value as a special product, its price is influenced by many factors, price volatility, the market capacity is limited, so the digital assets entrusted management service providers (including YIBI 】 【 deal slippage, unable to accurately check full stop or the possibility of expanding loss caused. Providers of digital asset entrustment management services (including [YIBI]) promise to compensate losses of digital assets exceeding the agreed liquidation line, but users may still have to bear losses not greater than the maximum withdrawal ratio.
2. Risk of policy supervision
Digital asset and derivative transactions may face regulatory risks within certain jurisdictions. Investors should make prudent judgments on the premise of understanding the regulatory background of their own and the entrusting party (including [YIBI]) before entrusting.
3. Other possible risks
The transaction of the entrusted digital assets and derivatives, including but not limited to adjustment coefficient, maturity date and product rules, can be modified according to the actual operation of the Platform. If the Platform needs to deliver the products in advance or later due to special circumstances, after the platform performs its obligation of notification by way of announcement on the official website or SMS notification, The entrusting Party (including [YIBI]) will deal with its own positions in a timely manner, and all possible losses or gains (including losses from wearing positions) caused thereby shall be borne by users themselves.
prompt
1. Before participating, investors must thoroughly understand the basic knowledge of digital asset entrustment management, relevant risks and business rules of the trading platform.
2. The above risks in this risk notice are only enumerated and cannot list all risk factors related to digital asset entrustment management in detail. Users should also carefully understand and master other possible risk factors before starting the digital asset entrustment management service.
3. We sincerely hope and suggest users to prudently decide whether to enable this digital asset entrustment service and reasonably allocate their digital assets based on their actual situation such as risk tolerance.