Risk Warning

Please understand the risks associated with crypto

Dealing in Digital Assets involves a high degree of risk, and, therefore, should be undertaken only if you are capable of evaluating the risks involved and able to bear the risks of a complete loss of all capital used to purchase and deal in Digital Assets. You should carefully consider the risks described below, which are not intended to be exhaustive and do not necessarily include all of the risks to which you are or may be exposed, nor are they all the risks associated with dealing in Digital Assets. You should only deal in Digital Assets where you have carefully considered that they are an appropriate investment given our financial situation and tolerance for risk.

Investment in Digital Assets is unregulated, may not be suitable for retail investors and the entire amount invested may be lost. Investments in early-stage projects involve a high level of risk, so it is necessary to properly understand their business model.

The prices of Digital Assets are extremely volatile

The prices of Digital Assets have historically been subject to significant fluctuations and are highly volatile, and there is a risk of total loss of value in relation to any Digital Assets. The prices of Digital Assets are established without any mechanisms that ensure their correct formation, such as those used in regulated securities markets. Various factors may influence the market price of Digital Assets, including: (i) the ability of Digital Assets to trade on international markets; (ii) global Digital Asset supply and demand, which can be influenced by market confidence; (iii) general economic factors and expectations; and (iv) changes in the Digital Assets themselves. A decrease in the price of a single cryptoasset may cause volatility in the entire cryptoasset industry and may affect your Digital Assets. Such volatility in the price of the Digital Assets may result in significant or total loss over a short period of time.

Risks associated with the blockchain protocol

Distributed ledger technologies are still in an early stage of development as many of these networks have been created very recently, so they may not be sufficiently tested and there may be significant failures in their operation and security.

Because Digital Assets are based on blockchain protocols, any malfunction, breakdown or abandonment of a blockchain protocol may have a material adverse effect on them. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to Digital Assets by rendering ineffective the cryptographic consensus mechanism that underpins the blockchain protocol. The registration of transactions in networks based on distributed ledger technologies is carried out through consensus protocols that may be susceptible to attacks that attempt to modify the register. If they were to be successful there would be no alternative register that backs up the transactions and hence the balances corresponding to the public keys and therefore all the Digital Assets could be lost.

We have no control over blockchain protocols, which may be updated or modified, and we cannot guarantee their functionality, security or availability.

Risk of hacking and software and security weaknesses

The anonymity of Digital Assets can make them a target for cyber criminals, since if credentials or private keys are stolen, the Digital Assets may be transferred to addresses that make their recovery difficult or impossible.

Hackers or other malicious groups or organizations may attempt to interfere with Digital Assets in a variety of ways, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing, as well as attacks which overpower the consensus-based mechanism on which the blockchain is built and attacks which interfere with or otherwise cause nodes to malfunction (nodes are computers / hardware devices that help maintain the blockchain).

There is also an inherent risk that the software and related technologies and theories we use could contain Viruses. Viruses could cause, inter alia, complete loss of Digital Assets, or could negatively affect the Site or our Services.

You acknowledge that there are high risks associated with the use of internet-based systems, including, but not limited to, fraud, cyber-attack, network and communication failures, spoofing and phishing attacks linked to Digital Assets and that due to technological constraints, BEN CAPITAL may prevent the access to or use of your Digital Assets.