Warning of the risks and acceptance of risks by the users:

• trading with, transactions, holding of virtual assets are related to significant risks. Prices may fluctuate on a daily basis. Such price fluctuations can increase or decrease the value of the user’s assets at any time. Any currency, whether virtual or not, can undergo significant fluctuations in value, as well as completely depreciate. There is an inherent risk of losses as a result of purchase, sale, or any trading in the market.
• trading with virtual assets is also related to special risks that are not usually peculiar to fiat money and/or goods and/or commodity (not virtual/digital) assets. Unlike most fiat money guaranteed by governments, virtual assets are unique types of assets supported by technology and trust. There is no central bank that could issue more currency or take measures to protect the value of virtual assets in a crisis.
• trading with virtual assets is often subject to irrational (or rational) “bubbles” or loss of confidence, which can lead to a drop in demand relative to supply. For example, confidence in virtual assets may fall due to unexpected changes imposed by software developers or other persons, government measures, creation of superior competing alternative virtual assets, as well as deflationary or inflationary spirals. Confidence can also be reduced due to technical problems: if the anonymity of the system is compromised, if assets are lost or stolen, or if hackers or governments can prevent any transactions.
• Users shall understand that all operations with virtual assets are irreversible and that the funds received as a result of the transaction can be returned only under a separate additional agreement/deal with the appropriate person. Users cannot cancel, recall or change any order with completed or executed status. Users bear responsibility for the accurateness and correctness of the transaction details (network/network standard/wallet address/memo or destination tag) and carries the risk of losing funds, no losses will be compensated by WhiteBIT in such cases.
• The User warrants that he/she is aware of the basic principles of dealing with virtual assets, as well as of characteristics of virtual assets affecting their value and he/she is also aware of the relevant risks, in particular, volatility and fluctuations in their value. The User must understand that there is a high probability not to receive a fair and accurate price for the virtual  assets when trading.
• The User declares to be aware of and understand and agree that WhiteBIT can’t directly or indirectly be liable for, and/or have any obligations with respect to or in any other way guarantee the performance or payment of any transaction concluded by the User on the platform and using blockchain and/or third parties’ services/technology (in part of functionality, proper performance, reliability, etc. of such blockchain/technology), and neither WhiteBIT nor third-party provider is liable to the User or any other person for such transactions performed through the Platform.
• WhiteBIT is not a broker, an agent or a consultant and does not have fiduciary relationships or obligations to the User. Users shall seek independent legal, financial, tax, investment or other professional advice before making any financial decisions with respect to trading virtual assets.