Risk Warning

Risk Warning

Crypto asset is a new technology that often works differently to your prior experience. It therefore entails various risks that you should understand. We have highlighted some of these risks below.

Crypto asset transactions sent from your MBW Exchange wallet are irreversible. If you send crypto asset to an incorrect address, Or send the wrong amount of crypto asset, you cannot get them back. MBW Exchange cannot be held liable for executing a transaction if the instruction relates to an incorrect crypto asset’s address.

Before buying Or selling your crypto assets, educate yourself about them. Buying And selling crypto asset entails risks And could result in a complete loss of your funds. Please ensure that you fully understand the risks involved And do not invest money that you cannot afford to lose.

All crypto assets are not backed by any entity. Neither MBW Exchange nor anyone else has an obligation to buy back your crypto assets in the future.

Additionally it is very important to note the following risks:

  • Crypto assets is not legal tender And it is not backed by the government. Accounts And value balances are not subject to any Government backed deposit insurance Or any other Government protections;

  • Legislative And regulatory changes Or actions at the state Or international level may adversely affect the use, transfer, exchange, And value of the particular crypto assets;

  • Transactions in crypto assets are generally irreversible, and, accordingly, losses due to fraudulent Or accidental transactions may not be recoverable;

  • Crypto assets transactions shall be deemed to be made when recorded on a “block chain” ledger, which is not necessarily the date Or time that you initiate the transaction;

  • Crypto assets is derived from the continued willingness of market participants to exchange fiat currency for crypto assets, which may result in the potential for permanent And total loss of value of crypto assets, should the market for crypto assets disappear;

  • There is no assurance that a person who accepts a crypto assets as payment today will continue to do so in the future;

  • The volatility And unpredictability of the price of crypto assets relative to fiat currency may result in significant loss Or tax liability over a short period of time;

  • The nature of crypto assets may lead to an increased risk of fraud Or cyber attack;

  • The nature of crypto assets means that any technological difficulties experienced by a service provider may prevent the access Or use of your crypto assets.