Risk

Updated: 20/02/2024

RISK DISCLOSURE

Before engaging with any services provided by XULLY Finance, including but not limited to XULLY Swap and XULLY Vault, it is crucial that you fully comprehend the risks involved and confirm your capacity to bear such risks.

You acknowledge and accept that your use of XULLY Finance services is entirely at your own risk.

This brief statement does not encapsulate all potential risks associated with using XULLY Finance and related applications and services. Therefore, the risks outlined below do not represent a comprehensive list, and it is possible that other significant risks may apply.

No Investment Advice

XULLY Finance Ltd. and all affiliated entities do not offer investment, tax, or legal advice. It is solely your responsibility to determine whether any investment, strategy, or transaction is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. You acknowledge and agree that you are solely responsible for assessing the nature, potential value, suitability, and appropriateness of these risks for yourself. XULLY Finance does not provide advice or recommendations regarding the borrowing and lending of digital assets.

XULLY Finance may offer informational content, including but not limited to blog posts, articles, podcasts, tutorials, and videos. Such content does not constitute investment, financial, trading, or any other type of advice, and should not be treated as such. XULLY Finance does not endorse any digital asset purchases, sales, trades, loans, or holdings, and will not be liable for decisions you make based on our provided information.

General Risks

As with any asset, the value of digital assets can fluctuate significantly, and there is a substantial risk of losing all invested funds. Consult a financial advisor or legal/tax professional regarding your specific situation before engaging in transactions involving digital assets. Digital assets do not enjoy protections or insurance from any UK financial institutions, including but not limited to the Financial Services Compensation Scheme (FSCS).

Be aware that:

• Digital asset prices and liquidity can experience significant volatility.

• Legal and regulatory changes at the UK or international level could negatively affect digital asset usability, transferability, exchange, and value.

• Digital assets are not legal tender and lack government backing.

• Digital asset transactions are generally irreversible, making it difficult to recover losses due to fraud or errors.

Regulatory Risks

The regulatory landscape for digital assets is still evolving in the UK and globally. Limited regulatory protection may be available in the event of loss. The cross-border nature of digital assets and blockchain technology means they may fall under multiple jurisdictions' laws, which could affect their use. Ensure compliance with all relevant laws in your jurisdiction.

Taxation rules for digital assets vary by jurisdiction. Understand and comply with all tax obligations related to your digital asset activities.

XULLY Finance urges you to conduct thorough research, safeguard your private keys, and carefully evaluate your risk tolerance before participating in the digital asset market.