Legal and Privacy


This Risk Disclosure document constitutes a part of CREDITS Terms and Conditions (hereinafter - T&Cs). The terms used in this Disclosure shall have the same meanings as in the Terms of Use except as otherwise specified. The terms “we”, “us” and “our” refer to CREDITS. 

We prefer to warn You that the trading of Digital Assets involves significant risks, and You specifically agree to assume the risks set out in this Disclosure as well as other risks not set out herein which are inherent to online trading and Digital Asset speculation.

You agree to assume the following risks and acknowledge and agree that CREDITS shall not be responsible for or otherwise liable for any direct or indirect loss or damage of any kind whatsoever arising directly or indirectly from the occurrence in full or in part of any and all of the following risk events:

a. No protection:

There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market. Since cryptocurrencies markets are decentralized and non-regulated, CREDITS trading services are unregulated services which are not governed by any specific European regulatory framework (including The Markets in Financial Instruments Directive). This means that there is no Central Bank that can take corrective measures to protect the value of Digital Assets in a crisis or issue more Digital Assets. Therefore, when CREDITS Users are using its Services, they will not benefit from the protections available to Users receiving regulated investment services for dispute resolution. 

b. Automated and online-based trading:

While trading on CREDITS Website or Platform, system errors might occur. You should be aware of the risks that may result from any system failure which could mean that Your order may be delayed or fail. You acknowledge that there are risks associated with utilizing an online-based trading system including, but not limited to, the failure of hardware, software, and internet connections, the risk of malicious software introduction, the risk that third parties may obtain unauthorized access to information and/or assets stored on your behalf, cyber-attack, the cryptocurrency network failure (such as blockchain), computer viruses, communication failures, disruptions, errors, distortions or delays You may experience when trading, howsoever caused, spyware, scareware, trojan horses, worms or other malware that may affect Your computer or other equipment, or any phishing, spoofing or other attacks. You should also be aware that SMS and email communications are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from CREDITS.

c. Placing orders:

An order may be incomplete and incorrect, “limit orders” and “stop orders” may not be (and are not guaranteed) executable at the price or amount specified by the User. Orders may be canceled at CREDITS’ discretion or for any other reason. The User or a third party (including a Financial or Payment Institution or a hacker) may send Digital Assets to the wrong crypto wallet address during the Transaction in CREDITS Account. The User may inadvertently or because of a system or human error place an order for the wrong Digital Asset resulting in an unwanted order. The User may be prevented from sending an order or email may not be received by CREDITS, due to hardware, software or services issues (including, without limitation, Internet and other network connectivity issues). The Transaction request or email to CREDITS may be lost, intercepted or altered during transmission. An order may not be placed completely, or may be placed at the wrong price or may suffer an unexpected delay for any of a variety of reasons. CREDITS may refuse to act upon any instruction from a User if CREDITS reasonably believes that the Transaction, pursuant to the instruction submitted, will be in violation of e.g. market rules and practice, and/or applicable Law, including, but not limited to, legislation on Anti-Money-Laundering and insider trading.

d. Execution of orders:

It is possible that the market price could have changed between order placement and execution time, and therefore CREDITS cannot guarantee that the requested price will correspond to the execution price, the execution price can be in your favor or against You. In addition, there are general risks associated with trading systems including, but not limited to, software and hardware failure and Internet disconnection.

c. Reliance on information:

There may be errors or omissions on the reporting module or otherwise delay, inaccuracy, error, interruption or omissions in providing market quotations or other information provided on the Website or the Platform on which You might rely when submitting an order. If You make investment decisions based on the information available on CREDITS Website or Platform, you do so at your own risk. Any past performance of CREDITS Users, risk scores, statistics, and any other information with respect to Users appearing on CREDITS Website or Platform are not indicative of future results and do not guarantee future performance. When reviewing portfolio, financial performance information, opinions or advice of another registered User, You should not assume that the User is unbiased, independent or qualified to provide financial information or opinions. CREDITS does not guarantee nor takes any responsibility for it.

f. Exceptional market conditions:

Exceptional market conditions, force majeure events, and similar events can cause delays or disruption of CREDITS Services.

g. Digital Assets:

The features, functions, characteristics, operation, use and other properties of any Digital Asset and the software, networks, protocols, systems, and other technology, including, if applicable, any blockchain (Underlying Technology) used to administer, create, issue, transfer, cancel, use or transact in any Digital Asset may be complex, technical or difficult to understand or evaluate, and CREDITS has no obligation to provide individual advice or information in respect of any Digital Asset, its Properties or Underlying Technology. Any Digital Asset and its Underlying Technology may be vulnerable to attacks on the security, integrity or operations of a Digital Asset or its Underlying Technology, including attacks using computing power sufficient to overwhelm the normal operation of a blockchain or other Underlying Technology. Any Digital Asset, its Properties or Underlying Technology may change or otherwise cease to operate as expected due to a change made to the Underlying Technology, a change made using features or functions built into the Underlying Technology or a change resulting from an attack. These changes may include, without limitation, a “fork” or “rollback” of a Token or blockchain. Any Digital Asset may be canceled, lost or double spent, or otherwise lose all or most of their value, due to forks, rollbacks, attacks, changes to Digital Asset Properties or failure of the Digital Asset to operate as intended.

CREDITS may suspend or cease to support the transfer, storage or trading of any Digital Asset at any time at CREDITS’ discretion. Other exchanges and service providers may do the same. CREDITS may suspend or reject orders, suspend or cease support for Digital Assets, or suspend or terminate the User’s access to the services to comply with applicable Laws or regulations or order from Law enforcement or other governmental authority, for other reasons as specified in these T&Cs or otherwise at CREDITS discretion.

You may be unable to withdraw Digital Assets prior to CREDITS ceasing to support a transfer of any such Digital Asset, resulting in the loss of any such Digital Asset remaining in the User’s CREDITS Account.

Any Digital Asset may decrease in value or lose all of its value due to various factors including discovery of wrongful conduct, market manipulation, changes to Digital Asset Properties or perceived value of Digital Asset Properties, attacks, suspension or cessation of support for a Digital Asset by CREDITS or other exchanges or service providers, and other factors outside the control of CREDITS. Any Digital Asset may decrease in value or lose all of its value due to legislative or regulatory activity, or other government.

h. Delisting policy and unsupported Digital Assets:

If at any time any of the Digital Assets that form the subject of Your order is delisted and/or We no longer support the trading in such Digital Asset for any reason, then the applicable order will be immediately closed. If CREDITS is notified that a Digital Asset you hold in Your Account is likely to be delisted and/or removed and/or canceled from any of the exchanges (some of them or all) and CREDITS believes that it shall not be able to trade in such Digital Assets, CREDITS shall make an effort to sell this Digital Asset on your behalf at such time and price, and in such manner, as it determines appropriate.