Risk Disclosure for corporations

Performing operations in Crypto-assets involves a substantial risk of loss and is not suitable for every person. Therefore, before opening an Account, utilising the Services, or engaging in any transactions withHypergate, You should carefully consider if any of our Services are suitable for You, taking into account Your goals and risk tolerance along with the nature, volatility, and legality of Crypto-assets and related assets.

You acknowledge and agree that You will make Your own assessments and will not use any of our Services or initiate any Transactions involving Crypto-assets on the platform provided byHypergateunless You fully understand the nature of these activities and the extent of Your exposure to risk.

1. Volatility, Market, and Liquidity Risks

The valuation of Crypto-assets and related products may fluctuate severally, exposing You to potential decreases in the value of Your Crypto-assets. It’s important to recognise a potential for significant losses, and You should only commit funds You can afford to lose. By engaging our Services and initiating Transactions in Crypto-assets through us, You accept the possibility of losing more than their initial value.

Crypto-assets’ value depends on the market’s willingness to trade and can become worthless, especially in illiquid markets. The inability to sell or convert assets due to market conditions can lead to losses.

Value of Your Crypto-assets may be derived from the continued willingness of market participants to exchange Crypto-assets for Fiat or other Crypto-assets. If this willingness is disrupted for any reason, it could result in a permanent and total loss of value of Crypto-asset.

Changes in underlying technology or blockchain forks can also affect Crypto-asset value.

2. Legal and Regulatory Risk

Crypto-assets are not recognised as legal tender, lack government backing and their legal status varies country by country. Changes in laws and regulations may materially affect the value and liquidity of Crypto-assets. This risk is unpredictable and may vary from market to market.

Additionally, under the applicable law and regulationHypergatemay be required to suspend Your Accounts, affecting Transactions.

Consequently, You may face losses from value depreciation and inability to sell or convert Crypto-assets because of change in regulatory controls.

3. List of Supported Crypto-assets

It’s important to clarify that the availability of any specific Crypto-asset for trading onHypergatedoesn’t imply an endorsement of its merits. Crypto-assets are generally considered high-risk investments, and it’s crucial to conduct thorough due diligence before investing. We strongly advise You to research the nature of any Crypto-asset You intend to invest in, along with its associated risks, before making any decisions. Hypergatedoes not guarantee a Crypto-asset will deliver on any of its claims.Hypergate’s marketing materials that feature a symbol or logo for a particular Crypto-asset may mean it is available to trade onHypergate, but does not mean we recommend this particular Crypto-asset as a good investment.

4. InvestmentStrategy Risks

When investing in Crypto-assets, You should only invest money you can afford to lose. persifying your investment portfolio is important and means spreading your investments across different opportunities to reduce risk.

The FCA has categorised crypto-assets as high-risk investments, whereas stocks traded on the stock market are not classified in this way. The FCA suggests that retail investors should not invest more than 10% of their net assets in high risk investments. There is no guaranteed level of returns and You might lose all of Your invested funds.

5. IT Risk

Understanding Crypto-assets requires technical knowledge. For instance it is crucial that Transactions are irreversible, and the loss of private keys can mean permanent access loss. Crypto-assets are also vulnerable to financial crimes and cyber-attacks. Losses from security breaches can be significant and often irrecoverable..

Since Crypto-assets and the Platform are heavily IT-involved products, they have risks related to hacks, bugs, malware and third party malicious intent. While the Company makes all efforts to protect its Customers from these risks, there is always a chance of malfunction or IT risk happening. Hence, this may result in loss of Crypto-assets or loss of access to the Company’s Platform. While we do our best to provide a reliable and efficient service, we want You to be aware of these factors. Your understanding and cooperation are greatly appreciated as we continue to improve our platform for Your benefit.

6. External Interruptions and Modifications

The technology behind our platform, including software and services, is provided by external third-party licensors. This means that we do not have direct control over every aspect of its functioning. We cannot guarantee that our platform will always be available, timely, or free from errors. While we work hard to ensure its quality and accuracy, there may be instances where interruptions or issues occur. The functionality, configuration, and content of our platform may be subject to changes made by these third-party licensors. This could include adjustments to transaction parameters, protocols, or the availability of certain features.

7. Third-Party Provider’ Risk

Such third parties as payment providers, custodians, banking partners and crypto service providers may be involved in the provision of our Services.

Please note that Hypergate may process Your cryptocurrency transactions through the third-party services. It’s crucial to understand that these transactions are not protected as traditional deposits. In the event of insolvency of any third-party processor, there is a risk of total or partial loss of Your Funds.

8. Operational Risks

If You useHypergateto make a transfer of Crypto-assets to a wallet You control, but enter the crypto wallet address incorrectly or select the wrong asset (e.g., send bitcoin to an ether wallet address), You will be fully liable for the fact that these Crypto-assets may be lost permanently.

Similarly, If You withdraw fromHypergateFunds to Your wallet, the safety and security of Your wallet’s seed phrase or private key is Your sole responsibility. If You lose it, Your assets may never be recoverable.

9. Unauthorised agreements and Imposter scams

Please be aware of any services or transactions offered to You outside of the Platform, as they may not be authorised byHypergate. It’s important to note that only the directors ofHypergatehave the authority to sign agreements on behalf of the company. Any agreements made with other staff members, agents, or third parties who are not authorised by the directors are legally invalid and not binding uponHypergate. Therefore, You should contact us before proceeding with an agreement with any inpiduals offering any agreements or representations regarding the Platform, the Account, or the Services to verify their authorisation.

Imposter scams may involve criminals posing asHypergateemployees or representatives to offer fake services designed to steal Your money and Crypto-assets. These scammers typically reach out to potential victims via unofficial email or social media accounts that may resemble officialHypergateaccounts. We will never, under any circumstances, proactively contact Customers via unofficial channels to offer any advice, entry into a free giveaway, or a “backdoor” to unlock Your Account. If You have fallen victim to anHypergateimposter scam, please report the incident immediately to the relevant local authorities and theHypergateteam.

Disclaimer:

a)This Risk warning is not intended to constitute a comprehensive statement of all the risks associated with the Services and with Crypto-assets to which You might be exposed and there may be others that exist now or which may arise in the future.

b)Information onHypergateis for informational purposes only. We operate solely on an execution-only basis, emphasising that we do not offer advice regarding trade merits, risks, or tax implications.No communication or information provided to You by us is intended as, or shall be considered or construed as, investment advice, financial advice or any other sort of advice. If You do not understand any of those risks or implications please seek professional advice.

c)It is up to You to assess whether Your financial resources are adequate for Your activity with us, and to Your risk appetite in the Services You use.

d)Statements on the Platform are forward-looking and subject to risks and uncertainties, including market conditions and technological advancements.

e)You shall not use the historical performance of specific Crypto-assets and/or theCrypto-asset market as indicators for future performance.

f)You accept the risks of usingHypergate’s Services, including potential hardware, software, and internet connection failures. Crypto-assets andHypergate’s Platform rely on technologies that can be unreliable, posing risks of data loss or privacy breaches.

g)Crypto-asset firms in the U.K. are not in scope of the Financial Ombudsman Service. Services offered by us are unregulated and not covered by the Financial Services Compensation Scheme. Victims defrauded out of crypto-assets may never be able to recover any associated losses.

h)Note the value of Crypto-assets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.