Risk disclosure
1. Limitation of liability
Empresex.io is operated by Cloudpeak Systems s.r.o. (registration number 21721769), a company authorized to provide virtual currency services, with its registered address at Na strži 1702/65, Nusle, 140 00 Praha 4, Prague, Czech Republic. By using Empresex.io, you acknowledge and accept that all services are provided on an “as-is” and “as-available” basis, without warranties of any kind, whether express or implied. The Company shall not be liable for any direct, indirect, incidental, or consequential losses arising from your use of the platform.
2. Risk Disclosure
2.1. You acknowledge that you use Empresex’s services solely at your own discretion and risk. Transactions involving digital currencies carry significant risks and may result in financial loss. Empresex does not guarantee any profit or return from the use of its services. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial circumstances and attitude to risk.
2.2. Cryptocurrency transactions are highly volatile. Prices may rise or fall rapidly, and digital assets may lose their value entirely. Unlike official currencies, cryptocurrencies are not backed by governments or central banks, and there is no regulatory intervention in times of crisis.
2.3. Before buying or selling digital assets, you should carefully assess your financial situation and risk tolerance. Cryptocurrency prices can change significantly within short periods due to factors such as user confidence, software updates, regulatory changes, competing currencies, technical failures, political events, and public statements by influential individuals.
2.4. Loss of passwords, private keys, or other security credentials may result in the permanent and irreversible loss of your digital assets. Cryptocurrencies are not backed by tangible goods, are not registered in official state records, and rely solely on decentralized technology. No central authority can intervene to recover lost assets or stabilize their value.
2.5. Empresex partners with payment service providers to facilitate fiat transactions; however, banks involved in these processes do not engage in cryptocurrency exchange, transfer, withdrawal, deposit, or any other virtual asset transactions.
2.6. Specific Risks Associated with Digital Assets:
(a) Market Risk: The value of digital assets can fluctuate significantly and rapidly. You may experience substantial losses, even total loss of your investment.
(b) Liquidity Risk: Some digital assets may have limited trading volume, making it difficult to buy or sell them quickly.
(c) Regulatory Risk: The legal and regulatory status of digital assets is uncertain and may change in your jurisdiction, potentially affecting their value or usability.
(d) Technology Risk: Digital asset technologies, such as blockchain, are complex and may be subject to technical failures, bugs, or security vulnerabilities.
(e )Cybersecurity Risk: Digital assets are susceptible to hacking, theft, and fraud. You are responsible for maintaining the security of your account and private keys.
(f) Counterparty Risk: You may be exposed to risks associated with third parties, such as exchanges, custodians, or wallet providers.
(g) Smart Contract Risk: If you interact with smart contracts, you may be exposed to risks related to their code, security, or functionality.
(h) Fork Risk: A blockchain may undergo a "fork," resulting in the creation of a new digital asset. The value and usability of the original and new assets may be uncertain.
(i) Tax Risk: The tax treatment of digital assets is uncertain and may vary by jurisdiction. You are responsible for determining and paying any applicable taxes.
(j) Operational Risk: Empresex may experience operational issues, such as system outages or errors, that could affect your ability to access or use the services.
3. No financial advice
3.1. Empresex does not provide financial, investment, legal, or tax advice. Any information provided by Empresex is for informational purposes only and should not be construed as investment advice or a recommendation to engage in any transaction.
3.2. By initiating any transaction, you assume full responsibility for assessing and analyzing potential risks. You affirm that you possess sufficient knowledge to understand the advantages and risks associated with digital assets and have sought professional advice where necessary.
4. Market disruptions
4.1. Empresex is not responsible for cryptocurrency price fluctuations or market volatility. In the event of significant market disruptions, Empresex reserves the right to suspend or restrict services at its sole discretion. Users will be notified of such suspensions via email or other communication channels.
4.2. Refunds or cancellations will not be processed during the suspension period unless required by law. Upon resumption of services, market prices may differ substantially from those prior to the disruption.
5. Internet transmission risks
5.1. You acknowledge that using online services involves certain technical risks, including hardware malfunctions, software errors, and internet connectivity issues. The Company shall not be liable for any delays, interruptions, communication failures, or other technical problems experienced while using the platform.
By using Empresex.io, you confirm that you have read, understood, and accepted this Risk Disclosure. If you have any questions or require further clarification, please contact [email protected].