Risk Warning

Risk Warning

Trading in commodities and products, real or virtual, as well as virtual currencies, involves significant risk. Prices can and do vary daily. Because of these price fluctuations, you can increase or decrease the value of your property at any time. Any currency:

- virtual or not
- may be subject to significant fluctuations in value and may even depreciate.

There is an inherent risk of incurring losses as a result of buying, selling or trading anything in the market.
Bitcoin trading also comes with specific risks not usually associated with official currency or commodities on the market. Unlike most currencies backed by governments or other entities, or commodities such as gold or silver, Bitcoin is a unique type of "fiat" currency backed by technology and trust. There is no central bank that can take corrective action to protect the value of Bitcoin in a crisis or issue more currency.
Instead, Bitcoin is still an autonomous and largely unregulated worldwide system of currency companies and individuals. Merchants trust a digital, decentralized and partially anonymous system that relies on peer-to-peer networks and cryptography to maintain its integrity.
Bitcoin trading is likely to be subject to irrational (or rational) bubbles or loss of confidence, which could reduce demand relative to supply. For example, confidence in Bitcoin may collapse due to unexpected changes imposed by software developers or others, government repression, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Trust can also collapse due to technical problems: if the system's anonymity is compromised, if money is lost or stolen, or if hackers or governments are able to prevent the settlement of any transaction.
There may be additional risks that we have not anticipated or specified in our Terms of Use.
Carefully assess whether your financial situation and risk tolerance are suitable for buying, selling or trading bitcoins.