Risk Disclosure Statement for Betelgeuse Trade

This Risk Disclosure Statement is intended to inform you of the risks involved in using the Betelgeuse Trade platform (the "Platform") for cryptocurrency trading, investing, and other services offered by the Platform. By using the Platform, you acknowledge that you understand the risks and agree to accept full responsibility for any potential losses or damages incurred.

2.1. Volatility Risk

Cryptocurrencies are inherently volatile, with their prices often experiencing rapid and significant fluctuations. This volatility can lead to substantial gains, but it also carries the risk of considerable losses. The cryptocurrency market is highly speculative and can be unpredictable.

2.2. Market Risk

Cryptocurrency prices are influenced by numerous factors, including market sentiment, technological developments, regulatory changes, and macroeconomic factors. These factors can result in large price swings and potential losses.

2.3. Liquidity Risk

Some cryptocurrencies may have low liquidity, meaning that there may be limited market participants willing to buy or sell at your desired price. This could make it difficult to execute trades or result in significant slippage, where the price of the asset moves unfavorably during your trade execution.

3.1. Investment Risk

There is no guarantee that any trades, investments, or other activities carried out on the Platform will result in profits. Cryptocurrency trading involves a high degree of risk, and users may experience losses. It is essential to understand that past performance is not indicative of future results.

3.2. Trading Strategy

Success in cryptocurrency trading depends on various factors, including market analysis, timing, and strategy. Even with advanced tools and resources, there is no certainty of success, and the potential for loss is significant.

4.1. Automated Trading Risk

The Platform offers automated trading services through AI-powered trading bots. While these bots are designed to assist in executing trades based on specific algorithms, they are not infallible. The bots can make errors, encounter technical failures, or fail to adapt to changing market conditions, which may result in losses.

4.2. Algorithmic Risk

The performance of trading bots is based on their underlying algorithms, which may not always be accurate or optimal in all market conditions. Users should be aware that trading bots may not be able to handle all types of market volatility or unforeseen events that may impact the market.

5.1. Cybersecurity Risk

The Platform employs robust security measures, including data encryption and two-factor authentication, to protect user funds and personal information. However, no system is entirely immune to hacking, phishing, or other cyberattacks. Users should be aware of the risk of unauthorized access to their accounts, the potential loss of funds, or exposure of personal data.

5.2. Phishing and Fraud

Phishing schemes and fraudulent activities may occur both outside and within the Platform. Users are advised to remain vigilant and avoid sharing sensitive information with third parties.

6.1. Regulatory Risk

The cryptocurrency market is subject to changing regulations across different jurisdictions. Regulatory changes could impact the availability, legality, or accessibility of cryptocurrency trading or the Platform’s services. The Platform is not responsible for any changes in laws or regulations that may affect your ability to trade or access the Platform.

6.2. Jurisdictional Risk

The Platform operates globally, and users are responsible for ensuring that they comply with local laws and regulations regarding cryptocurrency trading. You should seek legal advice if you are uncertain about the regulatory requirements in your jurisdiction.

7.1. Capital Loss

Cryptocurrency trading involves the risk of losing your entire invested capital. Users should only trade with funds that they can afford to lose. Betelgeuse Trade does not guarantee any returns, and you assume full responsibility for any financial losses that may occur.

7.2. Irrecoverable Losses

Due to the nature of cryptocurrency transactions, once a transaction is completed, it is irreversible. This means that if you lose access to your account or make an error in your transaction, you may not be able to recover your funds.

8.1. Tax Obligations

Cryptocurrency transactions may have tax implications depending on your country of residence. It is your responsibility to understand and comply with local tax laws regarding cryptocurrency trading, income, and capital gains.

8.2. Tax Reporting

The Platform does not provide tax advice or assist with tax reporting. You should consult a qualified tax professional to understand the tax implications of your cryptocurrency trading activities.

9.1. Operational Risk

The Platform may experience downtime, technical issues, or other operational disruptions that could impact your ability to access your account or complete transactions. While the Platform strives to provide reliable services, these disruptions can still occur, and users should be prepared for potential downtime.

9.2. Risk of Changes in Platform Features

The Platform may update, modify, or discontinue features or services at any time. Users may experience changes in the available tools, fees, or functionality of the Platform, which could affect their trading strategies.

By using the Betelgeuse Trade platform, you acknowledge that you fully understand the risks associated with cryptocurrency trading and the use of the Platform's services. You accept full responsibility for your actions, decisions, and investments, and you agree to use the Platform at your own risk.