> For the complete documentation index, see [llms.txt](https://docs.sidepit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sidepit.com/legal/risk-disclosure-statement.md).

# Risk Disclosure

This Risk Disclosure Statement provides important information about the risks associated with trading Sidepit's Bitcoin-margined USDBTC forwards. By using Sidepit's services, you acknowledge and accept the risks described below. This statement does not disclose all the risks and other significant aspects of trading in cryptocurrency markets. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

* Market Risk: Cryptocurrency prices are highly volatile and can fluctuate widely due to market demand, global regulatory news, and other factors. There is a significant risk of losing all of your invested capital. You should not speculate with capital that you cannot afford to lose.
* Liquidity Risk: Under certain market conditions, it may be difficult or impossible to exit a position without substantial losses. This may occur, for example, if the market for a particular cryptocurrency moves sharply against your position.
* Technology Risk: Trading on Sidepit involves risks associated with the use of an Internet-based deal execution trading system. These include, but are not limited to, the failure of hardware, software, and Internet connections. The result of any system failure may be that your order is either not executed according to your instructions or not executed at all.
* Regulatory Risk: The regulatory status of cryptocurrency markets and transactions is still unclear or unsettled in many jurisdictions. Changes in regulations or the imposition of new regulations can affect the value and liquidity of cryptocurrencies and your ability to access or use the Sidepit platform.
* Operational Risk: Sidepit seeks to mitigate risks associated with cybersecurity, data protection, and unauthorized access to user accounts. However, no system or platform can be entirely secure against hacking or fraud. Users may be exposed to financial loss if their accounts are compromised.
* Legal Risk: The legality and regulation of cryptocurrency trading and price exposure vary by jurisdiction and may change. Users are responsible for understanding and complying with all laws applicable to their transactions and holdings.
* Execution Risk: Sidepit provides a platform for trading exposure to the price movement of Bitcoin against USD. There is a risk that trades may not execute, may execute only partially, or may execute at prices you did not expect when using an order without price protection, especially when liquidity is thin.
* Counterparty Risk: While Sidepit seeks to provide a transparent and fair trading environment, there is always the risk associated with the failure of the platform or other users to fulfill their obligations.

By using the Sidepit platform, you represent that you have sufficient knowledge, market sophistication, professional advice, and experience to make your own evaluation of the merits and risks of any transaction conducted via Sidepit. Sidepit does not provide investment, legal, or tax advice or make investment recommendations. The Sidepit platform is provided on an "as is" and "as available" basis without representations, warranties, guarantees, or conditions of any kind.

We encourage all users to approach cryptocurrency trading with caution and to only invest funds that they are prepared to lose. The cryptocurrency markets can offer significant rewards but also come with equally significant risks. It's crucial to fully understand these risks and to seek independent advice if necessary.


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