# Risk tips Read this risk alert carefully before using the service provided by EXBIT. This advice is intended to help you to understand the potential risks involved in transactions of digital assets and platform services. Please note: It's up to you to make all investment decisions. You should be carefully involved with your financial situation and risk tolerance. Description of this risk profile The definition of the term in this risk profile is consistent with the EXBIT user agreement and related provisions. It provides only a general risk statement and does not cover all potential risks or the specific circumstances applicable to each user. Before using the EXBIT service, make sure that you are fully aware of the risks and are able to withstand them. On EXBIT service There may be specific risks to all types of services provided by EXBIT, including but not limited to: Market risk Technical risks Operational risks This risk profile does not constitute any form of recommendation, including but not limited to: Investment recommendations Financial recommendations Transaction recommendations You are fully responsible for all your transactions and their results. III. Non-provision of individualized recommendations EXBIT does not provide users with personalized investment or financial advice. The platform may provide: Objective information Product description Risk tip However, all transaction decisions are made independently by the users and EXBIT is not responsible for the decisions. IV. Non-continuous monitoring obligations Not yours: Brokers Agent Investment Adviser The Platform will not monitor or assess your situation: Financial position Investment objectives Risk preferences You should assess the risk of the transaction yourself and ensure that the act is consistent with your own affordability. V. Taxation and legal liability Digital asset transactions may involve complex tax and legal issues. You have the following obligations: Declaration of relevant taxes Tax payable Compliance with applicable laws and regulations EXBIT does not provide: Legal recommendations Tax recommendations If you need advice, you can consult independent professional bodies. VI. Main risk types 1\. Market risk The price of digital assets is highly volatile and may rise or fall significantly in a short period of time. Please note: Historic performance does not represent future results You may not be able to recover the entire investment capital. 2\. Liquidity risk Some digital assets may be under-liquidated, resulting in: We can't make it in time. Negotiated prices deviate from expectations 3\. Availability risk EXBIT may be temporarily unavailable for the following reasons: Network congestion System maintenance or failure 4\. Third-party risk In the course of a transaction, third party services may be involved, including but not limited to: Payment service provider Trusteeship Bank or financial institution No liability exists for loss due to third-party causes. 5\. Security risks You need to properly protect the following information: Account Information Login Certificate Authentication code Unauthorized access or transactions may result in the loss of assets and are irreversible. 6\. Digital asset technology risk Digital assets are based on block chain technology and may face the following risks: Technical shortcomings Hacker attack. protocol loopholes This includes, but is not limited to: DDoS Attack Fishing attacks Fork risk Double payment risk 7\. Market monitoring risks The digital asset market operates over a period of 7 x 24 hours and prices can fluctuate sharply at any time. 8\. Communications risk The following issues may arise with respect to electronic communications: Delay Interrupt Failed This may affect the execution of transactions or the receipt of information. 9\. Exchange rate risk Exchange rate fluctuations between different currencies or digital assets may affect your gains or losses. 10\. Legal and regulatory risks Changes in relevant laws and regulations that may affect digital assets: Transactions Hold Use The impact is significant. Risks vary according to region and market environment and are uncertain. VII. Carnation tips Before using the EXBIT service, please confirm that: The above risks are well understood Risk tolerance is in place It is recommended that you: Rational allocation of assets Control of investment ratio Avoiding excessive trading In case of complexity or uncertainty, please seek professional advice in a timely manner. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://exbit-1.gitbook.io/exbit-docs/help-center/ying-wen/exbit-help-center/compliance/risk-tips.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. 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