Before joining TTNEX to engage in any form of trading activity, you must understand the risk associated with the services offered by TTNEX. You are advised to read and understand major potential risks related to your digital token transactions or ones which might be encountered during the usage of our Services. However, you agree that there is no such intention from our side to prioritize the risks or present them in an order in which they are given below. We advise you to read about all the risks carefully and check whether such risks are applicable to any of your transactions on our platform.
You should seek expert legal advice in case you are not able to understand any of the risks associated with the use of our services.
You agree and understand that you are solely responsible for the risk and accompanying loss arising out of use of our Services by you. During the exchange of a digital token pair, you might experience considerable or complete loss. Hence, you should take complete precaution and safety to figure out whether a particular trade on our exchange is profitable for you or not, which primarily depends upon your trading objectives and financial situation. You must also stay aware of the following things :
The description given here cannot explain or disclose all the business risks associated with the trading of digital tokens on our exchange. Hence, you, as a user, would be solely responsible for understanding or acceptance of any or all kinds of risks that might arise due to your transactions or trading activities on our platform.
You also agree that you will be ready to accept and support any losses in your TTNEX account due to the transaction or trading activities related to digital tokens made by you.
You accede that the use of internet-enabled trading activities carries certain risks, including software, hardware, and internet connection problems. Hence, you accept and understand that TTNEX, in any manner, will not be responsible for any transaction delays, interruptions or communication errors during your exchange activities on our platform, regardless of the cause.
If any transaction/order/trade or transfer on our platform is based on a manifest error (regardless of whether such transaction has benefitted you or any other user) from our end, TTNEX may, at its sole discretion, act in good faith and reasonably for:
The funds, accounts or services offered to you by TTNEX might be subject to external data attacks, which might affect the security, integrity or operations of your accounts. You acknowledge that TTNEX, in any case, would not be responsible for resulting losses arising out of such external data attacks.
TTNEX, in any manner, is not responsible for the security, legality, quality or any other aspect of digital tokens that you trade on our platform. We are not in a position to guarantee the authenticity of the third-party buyer or seller with whom you carry out a token transaction via our exchange. Furthermore, we do not provide any assurance to indemnify you for any kind of loss suffered as a result of counterparty risk.
You also accept and acknowledge that you clearly understand the risk associated with the exchange of digital tokens using our Services and are also ready to take the responsibility of performing an independent risk analysis on your own before trading digital tokens via our platform. You must also do not put yourself in the position of trade until you have a sufficient amount of financial resources, experience and technical expertise to handle all kinds of losses related to digital tokens.
Our decision to engage in the transfer, trade, store or negotiation related to a particular digital token does not mean that TTNEX approves or disapproves the specific token, or its integrity, security, mode of operation or core technology. TTNEX, in any case, does not make any representation or warranties regarding the digital tokens that are supported by the platform for trading. All kinds of risks or legal issues related to the trading of digital tokens apply, despite TTNEX decision to provide services for such tokens. All risks associated with the trading of such digital tokens shall be entirely borne by you.
Global regulatory environment for Cryptocurrency and Digital Assets is still evolving and is highly uncertain. Predicting the legal status of digital currencies in many countries is very difficult today due to the lack of a proper regulatory framework around them. It is impossible to predict how the government or legal authorities across various jurisdictions are going to regulate digital tokens. Similarly, predicting the changes or modifications in already existing law or regulations related to digital currencies is also difficult.
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