Legal
Risk Disclosure
Last updated: March 19, 2025
Investing in cryptocurrencies involves significant risk. Before using Stackit.ai, carefully consider your financial situation, objectives, and risk tolerance. Always seek professional advice as needed.
Market Risks
- Cryptocurrency prices are highly volatile and can experience rapid fluctuations, potentially resulting in significant losses.
- Liquidity risks may limit your ability to buy or sell cryptocurrencies quickly at a fair market price.
- External economic, political, or market factors can adversely affect crypto asset values.
Borrowing and Leverage Risks
- Borrowing against crypto assets involves risk, including the possibility of forced liquidation if the collateral value falls below the loan’s required threshold.
- Using leverage to invest amplifies both potential gains and losses. Significant market downturns can lead to accelerated and severe losses.
- Users should regularly monitor loan-to-value (LTV) ratios and adjust to maintain healthy collateral positions.
Technology Risks
- Blockchain networks may experience downtime, forks, or technical issues disrupting asset access or transactions.
- Smart contracts, even if audited, could contain unforeseen vulnerabilities or bugs leading to potential loss of funds or other disruptions.
- Cybersecurity threats, hacks, or phishing attacks could compromise private keys or wallets, resulting in permanent loss of funds.
Regulatory Risks
- Cryptocurrency and decentralized finance regulations are evolving rapidly and unpredictably, potentially affecting the legality, availability, and operational capabilities of Stackit.ai’s services.
- Regulatory changes could impose restrictions, taxes, or compliance requirements limiting access or usage.
Automation and User-Set Preferences
- Automation follows predetermined rules and settings without discretionary AI decision-making.
- Users maintain full control to review, adjust, or disable automated settings anytime.
- Automation may act unexpectedly during extreme market volatility, and users should periodically review their settings and strategies to align with their current investment objectives.
Tax and Legal Risks
- Cryptocurrency transactions and lending activities carry significant tax implications varying by jurisdiction.
- Stackit.ai does not offer tax, legal, or investment advice. Always seek professional advice tailored to your personal financial circumstances and legal environment.
Custody and Self-Custody Risks
- Stackit.ai operates on a self-custody model. Users retain sole responsibility for securing their crypto wallets, private keys, and recovery phrases.
- Losing access to wallets or private keys can result in irreversible asset loss. It is crucial to adopt strong security measures, backups, and secure storage solutions.
Operational Risks
- Service interruptions, technical failures, or maintenance downtime may temporarily limit investment access or management.
- Third-party providers may experience operational issues outside Stackit.ai’s control.
No Guarantees
- Investment strategies carry inherent risks; past performance does not guarantee future outcomes.
- Users should independently evaluate risks, strategies, and settings regularly.
By using Stackit.ai, users acknowledge they have read, understand, and accept the above risks.
For legal inquiries: legal@stackit.ai