Risk Disclosure
Cryptocurrency Volatility
Cryptocurrency prices are highly volatile and can fluctuate rapidly. Past performance is not indicative of future results.
Total-Loss Risk
The value of digital assets may drop to zero. You could lose all of the funds you transfer or hold.
Blockchain-Network Risk
Transactions rely on independent networks that are not controlled by Ace Payment Services, Inc. Network congestion or failure can delay or prevent transactions.
Transaction-Finality Risk
Cryptocurrency transactions are generally irreversible. Once sent, funds cannot typically be recalled.
Address-Entry Risk
Sending funds to an incorrect address, or on an incorrect network, will result in permanent loss.
Fork and Protocol Risk
Changes to underlying protocols or forks can significantly impact the functionality or value of digital assets.
Cybersecurity Risk
Digital assets are subject to cybersecurity threats, including hacking, phishing, and malware attacks.
Custody Risk
Holding assets with a third party involves risk. Disruptions to operations could impact your ability to access assets.
Liquidity Risk
You may be unable to transfer or withdraw assets if the market lacks sufficient liquidity or if trading is halted.
Regulatory Risk
Changes in law or regulation can affect the availability and legality of cryptocurrency services.
Stablecoin Risk
Stablecoins are subject to the risk that the issuer fails to maintain reserves or honor redemptions.
Unsupported-Asset Recovery Limitations
Transferring unsupported assets to the wallet will likely result in their permanent loss. Recovery attempts may not be technically possible.
Service Interruption Risk
Access to the wallet service may be interrupted by maintenance, technical issues, or regulatory action.
No Deposit Insurance
Cryptocurrency balances are not represented as FDIC-insured or SIPC-protected unless a specific product is legally eligible for such protection and the scope of that protection is accurately disclosed.