Since the blockchain is an independent public peer-to peer network and is not subject to regulation or control by any authority or firm, we are not responsible for any failure, mistake, error and/or breach which shall occur on the blockchain or on any other networks in which the Supported Cryptocurrencies are being issued and/or traded.

We do not own or control the underlying software protocols which govern the operation of the Supported Cryptocurrencies.

In general, the underlying protocols are open source and anyone can use, copy, modify, and distribute them. The underlying protocols of the Supported Cryptocurrencies are subject to sudden changes in operating rules (‘forks’), and such forks may materially affect the value, function, and/or even the name of the Supported Cryptocurrency.

Instead, cryptocurrencies are an as-yet autonomous and largely unregulated worldwide system of currency. Traders of such currencies put their trust in a digital, decentralised and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.

We do not provide financial advice in relation to Capital Wallet Services. We sometimes provide factual information, information about transaction procedures and information about the potential risks.

However, any decision to use Capital Wallet Services is made by you. No communication or information provided to you by Capital Wallet is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance.

Moreover, Capital Wallet is not a broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with decisions or activities undertaken by you using Capital Wallet Services. We do not monitor whether your use of Capital Wallet Services is consistent with your financial goals and objectives. The taxation of Virtual Assets is uncertain, and you are responsible for determining what taxes you might be liable to, and how they apply, when transacting through the Capital Wallet Services. It is your responsibility to report and pay any taxes that may arise from transacting through the Capital Wallet Services, and you acknowledge that Capital Wallet does not provide legal or tax advice in relation to these transactions. If you have any doubts about your tax status or obligations when using Capital Wallet Services, or with respect to the Virtual Assets held to the credit of your Capital Wallet Account, you may wish to seek independent advice.

You acknowledge that, when, where and as required by applicable legislation, Capital Wallet shall report information regarding your transactions, transfers, distributions or payments to tax or other public authorities. Applicable legislation could also prompt Capital Wallet to request additional tax information, status, certificates or documentation from you. You acknowledge that failure to answer these requests within any legally required timeframe, may result in Capital Wallet withholding taxes, to be remitted to tax authorities as required by relevant law. You are encouraged to seek professional and personal tax advice regarding the above and before making any Virtual Asset Transaction.

Virtual Asset transactions are subject to high market risk and price volatility. Changes in value may be significant and may occur rapidly and without warning. Past performance is not a reliable indicator of future performance. Currency exchange fluctuations will impact your gains and losses.

Despite all security measures in place, it is not possible for Capital Wallet to eliminate all security risks. You are responsible for keeping your Capital Wallet Account password safe and for all the transactions made through your Capital Wallet Account, whether you authorised them or not. Transactions in Virtual Assets may be irreversible, and losses due to fraudulent or unauthorised transactions may not be recoverable.

Given the nature of Virtual Assets and their underlying technologies, there are a number of intrinsic risks, including but not limited to:

1. faults, defects, hacks, exploits, errors, protocol failures or unforeseen circumstances occurring in respect of a Virtual Asset or the technologies or economic systems on which the Virtual Asset rely;

2. transactions in Virtual Assets being irreversible. Consequently, losses due to fraudulent or accidental transactions may not be recoverable;

3. technological development leading to the obsolescence of a Virtual Asset;

4. delays causing a transactions not be settled on the scheduled delivery date;

5. attacks on the protocol or technologies on which a Virtual Asset depends, including, but not limited to:

• distributed denial of service;
• sybil attacks;
• phishing;
• social engineering;
• hacking;
• smurfing;
• malware;
• double spending;
• majority-mining, consensus-based or other mining attacks;
• misinformation campaigns;
• forks; and
• spoofing.