Risk Information

INFORMATION ON KEY RISKS

Any activity related to cryptocurrencies involves significant risks. Before using our Services, you should carefully consider the risks listed below. If you have any doubts about what actions to take, consult your legal, financial, tax, or other professional advisor. If any of the risks are unacceptable to you, do not use our Services. You acknowledge and agree that you access and use the Services at your own risk. This document highlights some of the risks associated with transactions involving virtual currencies, cryptographic tokens, payment services, and other factors.

PAYMENT EXECUTION RISKS

We process and/or execute transactions as quickly as the relevant payment systems and financial networks allow. Transactions may be completed by the next business day after we receive your payment order or instructions.

RISK OF FUNDS BEING UNAVAILABLE

We may close, suspend, or restrict your access to any part of our Services and/or account to protect against liability if you violate or fail to comply with the Terms & Conditions, our policies, and/or applicable law. In such cases, access to the Services may be permanently restricted.

BLOCKCHAIN NETWORK RISK

Transactions involving virtual currencies, cryptographic tokens, or other digital assets may:

• Be delayed until sufficient confirmations are received.
• Be irreversible, with losses due to fraudulent or accidental actions often unrecoverable.
• Be considered completed only when recorded on a public ledger, which may differ from the time of initiation.

Regulatory Uncertainty

The regulatory framework for payment service providers and transactions involving virtual currencies, cryptographic tokens, and other digital assets is evolving. Legal and regulatory changes may:

• Materially affect the use, transfer, exchange, and value of these assets.
• Introduce new reporting, tax, or compliance requirements.

Fiatbit Technologies d.o.o. complies with Croatian regulations and applicable international guidelines.

MARKET RISKS

Trading cryptocurrencies involves significant risk:

• Prices can fluctuate dramatically within a short time.
• Cryptocurrencies may lose all value and become worthless.
• Cryptocurrencies are not backed by governments or legal entities but rely on decentralized systems.

No Investment Advice

Fiatbit Technologies d.o.o. does not provide investment advice. Any information provided, including pricing and volatility, is for informational purposes only and should not be considered financial, legal, or tax advice.

INTERNET-BASED RISKS

Using an internet-based platform involves risks such as:

• Hardware or software failures and internet connectivity issues.
• Vulnerabilities or bugs in infrastructure that may lead to loss of assets. Cryptocurrency transactions are irreversible, and stolen or wrongfully transferred funds may not be recoverable.

Force Majeure

Transactions may be affected by unforeseen events, including natural disasters, emergencies, or significant external changes. Fiatbit Technologies d.o.o. is not obligated to take corrective action for losses due to such events.

Deposit Guarantee

Deposits are not covered by any deposit guarantee scheme.

Disclaimer

Fiatbit Technologies d.o.o. does not guarantee the timeliness, accuracy, or completeness of the information provided on its website or mobile applications. Users are responsible for their financial decisions and should not rely solely on the information provided.

Services are provided “as is,” and Fiatbit Technologies d.o.o. does not guarantee uninterrupted, secure, or error-free service. Users are encouraged to seek professional advice before making decisions based on the provided information.