MIRACLE CASH & MORE RISK NOTIFICATION FORM

 

This Risk Notification Form (Form) has been prepared to inform you that Miracle Cash & More is not the right owner of crypto assets created by other developers, except for assets (Crypto Assets) developed within Miracle Cash & More and stored digitally, secured using cryptography and generally traded on a distributed ledger or similar blockchain, however, Miracle Cash & More is prepared to inform you about the risks related to the products in the investments made through Miracle Cash & More services. The purpose of the risk statement is to draw a general framework regarding the risks in the market, and all risks that may occur are not specified in this form. For this reason, users are obliged to make their own investigations regarding all risks that may arise.

The fact that crypto asset prices can change rapidly can affect the value of the investments made. As a result of your transactions with crypto assets, you can make a profit as well as the risk of loss. This is because the prices of crypto assets can be highly volatile. In other words, the value of your investment may increase or decrease rapidly due to the possibility of large fluctuations in the market in a short period of time.

In certain countries or regions, trading in crypto assets may be prohibited on a limited basis. This may limit access to liquidity.

Networks where crypto assets are traded may close due to factors such as technological reasons or legal issues. Accordingly, the value of crypto assets on the network may drastically decrease or go to zero. A closed network may result in the loss of your funds, or the recovery of such funds may be difficult or impossible. Therefore, it is important to assess the risk of a shutdown and take the necessary precautions to keep your crypto assets safe. A closed network can be replaced by another cryptocurrency network, but this transition process can be complex and may involve additional risks for users.

For services subject to instructions, the user shall be solely responsible for the fulfilment of the instructions given by the user. This is because the trading instructions given by the user cannot be cancelled after the processing of the instruction.

The regulations and legal status of crypto assets may vary from country to country. It is recommended to consider local regulations before investing.

The process of selling created crypto assets or coins in exchange for popular coins to raise funds for new projects is called an Initial Coin Offering (ICO). In this context, fake ICO’s that do not aim to raise funds for the project, Ponzi schemes and fake stock exchanges that aim to attract new investors with high returns promised to previous investors and to collect new money through fraud may negatively affect investors. Therefore, it is important to carry out the necessary research by users in the management of crypto assets.

Miracle Cash&More does not guarantee or promise to its users that any crypto asset will be liquid and active.

Miracle Cash&More does not provide any advice to its users regarding the legality of crypto assets, it is the sole obligation of users to understand and know the application of the law.

Miracle Cash&More does not make any commitment and guarantee that crypto assets will be offered uninterruptedly and accessible at any time, that the services to be provided are or will remain compatible with any system and hardware of the users. Miracle Cash&More will take the necessary measures to ensure that the services and platform offered to users are in uninterrupted use and does not make any commitment in this context. Users access to the platform may be blocked from time to time due to planned work or emergency interventions.

If any suspicious transaction is detected by the users, Miracle Cash&More will report this situation to the competent institutions and organisations and may suspend the relevant user account, block the users account, unilaterally terminate the user agreement and partially or completely, permanently or temporarily stop the services.

The user is personally responsible for the legal responsibilities and tax liabilities that may arise in connection with the use of the services and the acquisition of crypto assets, and in this context, the user is obliged to fulfil these responsibilities and liabilities in full.

Research, prices, opinions or other information published through the official channels of the platform are presented as general market commentary and do not constitute investment advice. Miracle Cash&More is not responsible for any loss or damage arising from any investment made on the basis of this information shared.

The user accepts, declares and undertakes that he/she has read and understood all these risks before using the platform and services offered by Miracle Cash&More.

This form is an annex and an integral part of the user agreement you have signed/approved with Miracle Cash&More.