Risk Disclosure Statement

This Risk Disclosure Statement outlines the various risks associated with using BTCaspa's cryptocurrency exchange aggregation services and digital asset transactions in general. BTCaspa operates in partnership with ChangeNOW to facilitate cryptocurrency exchanges.

By using BTCaspa, you acknowledge that you have read, understood, and accept all risks described in this statement.

• Cryptocurrency prices can fluctuate dramatically within minutes or hours
• Market volatility can result in significant losses during transaction processing
• Exchange rates shown at the time of initiation may differ from final execution rates
• External market events can cause sudden, unpredictable price movements
• Past performance does not guarantee future results

You are solely responsible for understanding and complying with all applicable laws and regulations in your jurisdiction.

• Legal status of cryptocurrencies varies globally and is subject to change
• Some jurisdictions prohibit or restrict cryptocurrency transactions
• Regulatory changes could affect the availability or legality of our services
• Tax obligations may apply to your cryptocurrency transactions
• Cross-border transactions may be subject to additional regulations
• Anti-money laundering (AML) and Know Your Customer (KYC) requirements may apply

Most digital asset markets lack the centralized supervision and protective mechanisms found in traditional financial markets:

• No government or regulatory body guarantees the value or functionality of cryptocurrencies
• Limited consumer protections compared to traditional financial services
• No deposit insurance or similar protective schemes
• Dispute resolution mechanisms may be limited or unavailable
• Market manipulation and fraud are possible with limited recourse

You must:

• Verify wallet addresses carefully - incorrect addresses may result in permanent loss
• Double-check all transaction details before confirming exchanges
• Only transact amounts you can afford to lose entirely
• Understand that accidental transfers may not be retrievable
• Be aware that blockchain transactions cannot be reversed or cancelled

6.1 Blockchain Fork Risk

Potential blockchain "forks" can impact asset viability and value unpredictably:

• Hard forks may create new cryptocurrencies or split existing ones
• Soft forks may change transaction rules or network protocols
• Fork events can cause transaction delays or temporary unavailability
• Asset values may be affected during fork periods

6.2 Network Congestion and Delays

• High network traffic can cause transaction delays
• Network fees may increase during congestion periods
• Some transactions may remain unconfirmed for extended periods
• Network upgrades or maintenance may cause temporary disruptions

6.3 Smart Contract and Protocol Risks

• Smart contracts may contain bugs or vulnerabilities
• Protocol changes may affect asset functionality
• Decentralized networks may experience consensus issues
• 51% attacks or other network security compromises are possible

Technical failures may prevent transaction execution or cause losses:

7.1 System Failures

• Hardware or software failures affecting our platform or ChangeNOW's services
• Database corruption or data loss incidents
• Server outages or maintenance downtime
• Cybersecurity attacks or system compromises

7.2 Internet and Connectivity Issues

• Internet connectivity problems preventing transaction completion
• Signal interruptions during critical transaction phases
• DNS or routing issues affecting service accessibility
• Third-party service provider outages

7.3 User Device and Security Risks

• Malware or viruses affecting your device
• Compromised browsers or operating systems
• Unauthorized access to your device or accounts
• Loss of access to wallet addresses or private keys

8.1 ChangeNOW Partnership Risks

• ChangeNOW may suspend or terminate their services
• Changes in ChangeNOW's terms, fees, or policies
• Technical issues or outages affecting ChangeNOW's platform
• Regulatory actions against ChangeNOW affecting service availability

8.2 External Service Dependencies

• Blockchain network operators and validators
• Wallet software and hardware providers
• Internet infrastructure and cloud service providers
• Price feed and market data providers

As cryptocurrencies and blockchain technology represent emerging and rapidly evolving technologies:

• Unanticipated risks may emerge that are not comprehensively described in this statement
• New attack vectors or vulnerabilities may be discovered
• Technology evolution may render certain cryptocurrencies obsolete
• Quantum computing advances may threaten current cryptographic security
• Regulatory frameworks are still developing and may change significantly

• Limited liquidity may affect your ability to exchange certain assets
• Market manipulation by large holders ("whales") is possible
• Low trading volumes may result in high price slippage
• Some cryptocurrencies may become illiquid or worthless
• Exchange rates may be less favorable during periods of high volatility

To minimize risks, we recommend that you:

• Only invest amounts you can afford to lose completely
• Thoroughly research any cryptocurrency before trading
• Use secure, updated devices and software
• Verify all wallet addresses multiple times before confirming transactions
• Keep private keys and recovery phrases secure and backed up
• Stay informed about regulatory developments in your jurisdiction
• Consider consulting with financial and legal advisors
• Start with small transactions to familiarize yourself with the process
• Monitor your transactions and account activity regularly

• Our services are provided "as-is" without warranties of any kind
• We do not guarantee transaction success, timing, or final amounts
• Maximum liability is limited as specified in our Terms of Use
• Users assume full responsibility for their trading decisions and outcomes