Risk disclosure
The main risks of exchanging cryptocurrency: price volatility, irreversible transfers, wrong network or memo/tag, identity checks and the rules of the exchange service.
Cryptocurrency exchange involves risks. Please read this before you make an exchange.
- Price volatility. Crypto prices can change quickly. With a floating rate, the final amount depends on the rate at the time your exchange is processed and may differ from the estimate.
- Irreversible transfers. Blockchain transfers cannot be reversed.
- Wrong network or memo/tag. Funds sent via the wrong network or without a required memo/tag may be impossible to recover.
- Network fees. The network fee for your own transfer is charged by your wallet or exchange and is not included in the estimate.
- Identity verification. It may be required: it is mandatory for users from some countries, and for unusual transactions or as the law requires. The exchange may be put on hold during the check.
- External exchange service. The exchange is performed by an external cryptocurrency exchange service at its rates and under its rules.
- Laws of your country. Use the service in compliance with the laws of your country.
Details are in the Terms of Use.