Price Volatility. You understand that the value of any cryptocurrency, including assets pegged to, or designed to track the value of, fiat currency, commodities, or any other asset, may go to zero. The price of a cryptocurrency is based on the perceived value of the cryptocurrency and subject to changes in sentiment, which make these products highly volatile. Cryptocurrencies that are pegged to the price or value of any other asset, including fiat currency, are not guaranteed to remain pegged to that asset’s or fiat currency’s value. Certain cryptocurrencies, including those pegged to any other asset’s or fiat currency’s value, have experienced daily price volatility of more than 25% and may be considerably higher. As such, the volatility and unpredictability of the price of cryptocurrency relative to the price of fiat currency may result in significant loss over a short period of time. You understand that we are not liable for price fluctuations in any cryptocurrency listed or Cryptocurrency Transaction executed on the Platform.
Appears in 20 contracts
Samples: Services User Agreement, Services User Agreement, Services User Agreement
