BitQaan Legal
Cryptoasset Risk Disclosure
Cryptoasset risk disclosure for BitQaan customer account, wallet, portfolio, token, and future transaction surfaces.
- Document version
- V1.0
- Effective date
- 1 August 2026
- Last updated
- 1 August 2026
1. Prominent Risk Warning
Cryptoassets are high risk. You should not buy, hold, sell, or use cryptoassets unless you understand the risks and can bear the consequences of loss.
You could lose all money committed to a cryptoasset. You should not expect to be protected if something goes wrong.
2. Cryptoassets Are High Risk
Cryptoasset prices can move rapidly and unpredictably. You may lose all money committed to a cryptoasset.
Past performance does not predict future results. Information shown in BitQaan portfolio, project, or Discover surfaces is not a guarantee of value.
3. Business Coin Risk
A Business Coin being associated with a business does not remove cryptoasset risk.
Possible risks include business failure, limited operating history, changing demand, inaccurate forecasts, token illiquidity, technological failure, legal or regulatory change, and poor execution. Business verification does not mean guaranteed performance.
4. Liquidity Risk
There may be no buyer, limited trading, wide price differences, temporary suspension, or no market at all.
You may be unable to sell at your preferred time or price, or may be unable to sell at all.
5. Volatility
Cryptoassets can experience substantial price changes over short periods. Market prices may change between viewing information, giving an instruction, and any execution where a transaction service is available.
6. Blockchain Risk
Blockchains may experience congestion, software defects, forks, validator or network failures, protocol changes, delayed finality, or irreversible transactions.
BitQaan may not be able to reverse, cancel, speed up, or recover blockchain transactions.
7. Wallet Risk
You can permanently lose access to cryptoassets through lost keys, lost recovery phrases, compromised devices, phishing, malware, impersonation, or sending assets to incorrect addresses or networks.
The current BitQaan customer application does not collect or store wallet private keys or recovery phrases. That means BitQaan cannot recover them for you.
8. Smart Contract and Token Risk
Tokens and smart contracts may contain bugs, exploits, unauthorised changes, design flaws, incorrect supply logic, governance weaknesses, or technical dependencies that fail.
A token appearing in BitQaan systems does not guarantee technical safety unless an approved audit or certification is expressly stated.
9. Cybersecurity Risk
Cryptoasset users are frequent targets for hacking, phishing, impersonation, malicious websites or apps, credential theft, SIM swapping, malware, fake support contacts, and social engineering.
Always verify URLs, wallet prompts, addresses, and support channels.
10. Regulatory Risk
Cryptoasset laws and regulatory expectations are evolving. Services may change, become restricted, require additional verification, or become unavailable in some countries.
Regulatory treatment can differ by product, user location, and activity type.
11. Tax
Cryptoasset activity may create tax consequences. BitQaan does not provide tax advice unless explicitly stated by an appropriately qualified professional.
You are responsible for understanding and meeting your own tax obligations.
12. No Guaranteed Returns
BitQaan does not guarantee profits, returns, appreciation, liquidity, listing, successful business performance, or ability to sell.
Do not rely on promotional, project, portfolio, or dashboard information as a promise that any cryptoasset will increase in value.
13. Exchange Risk
If Exchange services become available, access may require approval, trading carries loss risk, orders may not execute, markets may be unavailable, and prices may move between instruction and execution.
Wallet ownership or a verified wallet relationship does not automatically grant Exchange access.
14. Business Information Risk
Business information may be supplied by businesses or third parties. Verification does not eliminate errors, omissions, outdated information, commercial risk, fraud risk, or business failure risk.
You must make your own assessment.
15. Concentration Risk
Concentrating funds in one high-risk asset can increase exposure to loss. This is general risk information, not personal investment advice.
16. Protection and Redress
Cryptoasset services may not be covered by deposit protection, investment compensation schemes, ombudsman schemes, insurance, or other protections that apply to some regulated financial products.
You should understand what protection, if any, applies before using any cryptoasset service.
17. Geographic Restrictions
Some products or services may not be legally available everywhere. Access may be restricted by customer location, product scope, compliance checks, or service availability.
18. Seek Advice
If you are uncertain, consider obtaining independent financial, legal, and tax advice from appropriately qualified professionals before using cryptoasset services.
Change History
V1.0 effective from 1 August 2026. Future policy versions must be retained instead of silently overwritten.