Disclaimer Last Updated: Oct 12, 2020
Any information provided on Altcointrading.NET (including subdomains) serves only for educational purposes and is not intended as financial advice.
Risks of trading cryptocurrencies
Trading cryptocurrencies involves significant risks.
Cryptocurrencies are not legal tender and are accepted only to a limited extent for making purchases. Cryptocurrencies do not represent a claim on any issuer or by any third party and they have no intrinsic value.
Due to various causes, the value of cryptocurrencies may be wholly or partially lost. The value of cryptocurrencies can fluctuate significantly.
Most of cryptocurrency trading happens on unregulated platforms that can be subject to heists or fraud, by a third party as well as by the platform management.
Public cryptocurrencies are not regulated by any government. Cryptocurrency wallets can not be compared with a bank account in this context.
Cryptocurrency trading is not regulated in most countries. Nor trading cryptocurrencies falls within the scope of the Act on Financial Supervision (Wft). If you trade in cryptocurrencies the Act on Financial Supervision (Wft) therefore offers no protection.
You may be barred from trading cryptocurrency derivatives, if you are a resident or citizen of United States and some other countries. These terms will be specified by each trading platform, custodial or non-custodial. It is your responsibility to ensure you are allowed to participate in a market.
Risks of online trading
Trading in cryptocurrencies via the internet brings special risks.
- Technical risks or transfer problems that may occur when using a computer, tablet, smartphone or similar device.
- Malfunction of the internet network or the network or systems of your trading platform that can result in losses.
- Suspension of services by service providers that can prevent or suspend trading on any platform.
- Information exchange between a computer, tablet, smartphone or similar device with a trading platform or an online cryptocurrency wallet can be intercepted, data or access codes can be copied or imitated by methods such as hacking or phishing, which can lead to loss of cryptocurrencies or funds.
There is no guarantee that none of these risks will be realized.
Limitation of liability
AltcoinTrading.NET accepts no responsibility or liability for any losses which may be incurred by any person or persons using the whole or part of the contents of the information, systems, plans, methods, competitions and games contained herein and made available on this site. Use the information provided on the AltcoinTrading.NET site at your own risk.
No trading occurs on the AltcoinTrading.NET Website. AltcoinTrading.NET is not an exchange nor a trading platform. Although AltcoinTrading.NET may recommend an exchange or other Internet site or business, we accept no responsibility for anything which may or may not occur through any dealings you have with those other sites. It is your responsibility to perform due diligence concerning all businesses you deal with.
AltcoinTrading.NET does not promote or encourage illegal or underage activities, or the use of cryptocurrencies to persons who reside in jurisdictions where use of cryptocurrencies is considered unlawful. AltcoinTrading.NET presents information for educational and entertainment purposes only.
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