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Risk Disclaimer

Last updated: 6/30/2025

⚠️ IMPORTANT WARNING

Trading and investing in cryptocurrencies carries a substantial risk of loss and is not suitable for every investor. The valuation of cryptocurrencies may fluctuate, and, as a result, you may lose more than your original investment. You should carefully consider your investment objectives, level of experience, and risk appetite before deciding to trade cryptocurrencies.

1. No Investment Advice

The information provided on Portify is for general informational purposes only. It is not intended to be and should not be construed as investment advice, financial advice, trading advice, or any other type of advice. You should not make any investment decision based solely on information provided by our Service.

We strongly recommend that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

2. Cryptocurrency Risks

Investing in cryptocurrencies involves substantial risks, including but not limited to:

2.1 Market Volatility

  • Cryptocurrency prices are extremely volatile and can fluctuate widely in short periods
  • Market manipulation and low liquidity can cause dramatic price swings
  • Past performance is not indicative of future results

2.2 Total Loss Risk

  • You may lose all of your invested capital
  • Cryptocurrencies may become worthless
  • Projects may fail, be abandoned, or turn out to be scams

2.3 Technical Risks

  • Loss of private keys means permanent loss of cryptocurrencies
  • Smart contract bugs or vulnerabilities
  • Exchange hacks and security breaches
  • Network attacks (51% attacks, etc.)
  • Technical failures and software bugs

2.4 Regulatory Risks

  • Cryptocurrency regulations vary by jurisdiction and are rapidly evolving
  • Regulatory actions may negatively impact cryptocurrency value and usage
  • Certain cryptocurrencies may be banned in your jurisdiction
  • Tax obligations vary by country and may be complex

3. No Guarantees

Portify makes no guarantees about:

  • The accuracy, completeness, or timeliness of price data
  • The future performance of any cryptocurrency
  • The security of third-party services (exchanges, wallets, etc.)
  • The availability or functionality of our Service

4. Third-Party Data

All cryptocurrency price data is provided by third-party services (primarily CoinGecko). We do not verify the accuracy of this data and are not responsible for any errors, omissions, or delays in the data, or for any actions taken in reliance on the data.

5. Your Responsibilities

By using Portify, you acknowledge that:

  • You are solely responsible for your investment decisions
  • You have sufficient knowledge and experience to evaluate the risks
  • You will not invest more than you can afford to lose
  • You will comply with all applicable laws and regulations in your jurisdiction
  • You will maintain the security of your accounts and private keys

6. Limitation of Liability

DISCLAIMER OF LIABILITY:

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PORTIFY AND ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, PARTNERS, AND LICENSORS WILL NOT BE LIABLE FOR ANY LOSSES, DAMAGES, OR CLAIMS ARISING FROM:

  • Your use of our Service
  • Your investment decisions
  • Price data inaccuracies
  • Service interruptions or failures
  • Actions of third parties
  • Loss of cryptocurrencies for any reason

7. Specific Warnings

⚡ LEVERAGE AND DERIVATIVES:

Trading cryptocurrencies with leverage or derivatives multiplies both potential gains and losses. You can lose more than your initial investment. These products are not suitable for all investors.

🚨 SCAMS AND FRAUD:

The cryptocurrency space is rife with scams, fraudulent projects, and bad actors. Always verify information from multiple sources and be extremely cautious of:

  • Promises of guaranteed returns
  • Pressure to invest quickly
  • Unsolicited investment opportunities
  • New or unverified projects

8. Tax Implications

Cryptocurrency transactions may have tax consequences. Tax treatment varies significantly by jurisdiction. You are responsible for determining what taxes apply to your cryptocurrency transactions and for collecting, reporting, and remitting the correct tax to the appropriate tax authority.

9. Not FDIC Insured

Cryptocurrencies are not bank deposits and are not insured by the FDIC, SIPC, or any other government agency. Unlike traditional bank accounts, cryptocurrency holdings are not protected against loss.

10. Seek Professional Advice

We strongly encourage you to seek advice from qualified professionals, including but not limited to:

  • Financial advisors
  • Tax professionals
  • Legal counsel
  • Investment professionals

📌 Remember

  • Only invest what you can afford to lose
  • Do your own research (DYOR)
  • Diversify your investments
  • Keep your private keys secure
  • Be aware of scams and fraudulent schemes
  • Understand the tax implications in your jurisdiction

11. Acknowledgment

By using Portify, you acknowledge that you have read, understood, and agree to be bound by this Risk Disclaimer. You accept all risks associated with cryptocurrency investments and agree that Portify is not responsible for any losses you may incur.