BEFORE USING ANY OF Blocium’s SERVICES, YOU SHOULD ENSURE THAT YOU FULLY UNDERSTAND AND CAN AFFORD TO UNDERTAKE THE RISKS INVOLVED. THIS RISK DISCLOSURE LISTS SOME, BUT NOT ALL OF THE RISKS INVOLVED IN HOLDING, TRADING, AND USING DIGITAL ASSETS GENERALLY, AND USING Blocium’s SERVICES SPECIFICALLY. THIS RISK DISCLOSURE IS INTENDED TO PROVIDE YOU WITH A GENERAL OUTLINE OF THE RISKS INVOLVED,
Blocium is not a bank, depository institution, custodian or fiduciary and the assets in your Blocium account are not insured by any private or governmental insurance plan (including FDIC or SIPC), nor are they covered by any compensation scheme (including FSCS). Holding, trading or using crypto assets carry significant risks- Please carefully read our Risk Disclosures. Blocium does not provide any financial, legal or tax advice, nor should this website be viewed as an offer or incentive to make any financial decisions.
Blocium and its Affiliates (collectively, “we,” “our,” or “Blocium”) do not provide any legal, tax or financial advice and you are strongly advised to obtain independent legal, tax or financial advice prior to making any financial decision, including buying, trading, holding or deploying digital assets. There are significant risks associated with digital assets, and you are solely responsible to make sure you understand such risks and assess whether such risks are appropriate for you.
Blocium does not make any offers, recommendations or invitations for you to deal in digital assets or use any services, and does not take into account your personal circumstances, financial situation, objectives or goals. Before making any financial decision, you should carefully assess your financial situation and capacity, and only use funds that you can afford to lose.
Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of a transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances. Past performance is no guarantee of future results.
Dealing in digital assets can incur risk of financial loss. Digital assets are by their nature highly volatile and you should be aware that the risk of loss in trading, investing, deploying or holding digital assets can be substantial. Digital assets are not legal tender, and there is no guarantee that any person shall agree to accept them for their intended purpose at any time in the future.
Market availability and liquidity may be limited or disrupted, and there can be no guarantee that you would be able to sell or exchange your digital assets at any price. As with any asset, the value of digital assets can go up or down and there can be a substantial risk that you lose money buying, selling, holding, or investing in digital assets.
Blocium deploys digital assets such as through Blocium’s reward service, in a variety of income-generating activities, including lending such digital assets to third parties and transferring them to external platforms. Blocium can not guarantee that these third parties shall not suffer any breaches, lose such assets or fail to return any assets to Blocium, resulting in financial loss.
Blocium may also sell, trade, or stake digital assets, which may result in financial loss. You acknowledge that by utilizing the reward service, your digital assets are not custodied by Blocium and may be subject to total loss if an event occurs at the protocol level, which is outside of Blocium’s control. You understand and agree that notwithstanding anything else contained in this Risk Disclosure,
Blocium will not be responsible for any such loss (whether total or otherwise) of your digital assets and will not replace them or otherwise compensate you. Your Account is not registered with any federal or state securities regulatory authority. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of digital assets.