Legal Disclaimer

Please read this Legal Disclaimer carefully, ensuring you understand the risks associated with crypto assets and their trading. Hereinafter Globitex Ltd, a private limited company incorporated in England and Wales, shall be further referred to as “we/ our/ us/ ours”. Meanwhile you – a user of this website, shall be further referred to as “you/ your/ yours”.

Prior you continue, please note that this website and services of the Globitex Exchange (together hereinafter referred as – “Globitex”) are provided to you “as is”. All the information, content and data also are presented “as is”; especially this applies to Globitex Exchange, use of which contains no provided warranties or whatsoever.

RECOGNIZED JURISDICTIONS

Globitex is NOT addressed and available to subjects having certain legal connections (including, but not limiting – nationality, country of incorporation or place of residence) with the United States of America and Japan. If any of herein listed jurisdictions applies to you whether directly or indirectly – please REFRAIN from use of any Globitex service or product. Please note that we shall maintain appropriate customer due-diligence routines to prevent accidental or intended use of our services by non-authorized persons.

IMPORTANT NOTE! As for the clients from Germany – Globitex shall execute the trading orders on its own behalf, acting as counterparty for the respective trade.

In addition, we reserve right not to enter into any relationship with subjects from jurisdictions, which associate with significant increase of money laundering/terrorist financing risk exposure. Such decisions shall be made by us, individually assessing each subject / client, and shall not be communicated in details nether in public nor to the subject / client itself.

RISKS OVERVIEW

Please be aware that crypto assets have no intrinsic value and the valuation of crypto assets may fluctuate, and, as a result, you should be prepared to lose all the value you have put in. When in doubt, you should consult a qualified financial advisor before making any decisions to buy or sell crypto assets.

Any and all opinions, news, research, analyses, content, instruction, prices, or other information contained on the Globitex website are provided as general commentary, and do NOT constitute investment advice or professional advice of any kind.

Please note that crypto assets may not be suitable for all members of the public. Due to this please objectively assess your skills of trading.

Before purchasing crypto asset, you must ensure that the nature, complexity and risks inherent in the trading are suitable for your objectives in light of your circumstances and financial position. You should not purchase crypto asset unless you understand the extent of your exposure to potential loss.

Asset exchange rates have exhibited strong volatility to date and you understand that the extent of exposure to potential loss could extend to your entire portfolio.

Many factors outside of our control will affect the market price of crypto assets, including, but not limited to, national and international economic, financial, regulatory, political, terrorist, military, and other events, adverse or positive news events and publicity, and generally extreme, uncertain, and volatile market conditions. Extreme changes in price may occur at any time, resulting in a potential loss of value of your entire portfolio in crypto assets, complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your assets.

By no means during our relationship we provide you with redemption, buy-back or any other guarantee, which might cause you false sense of presence of any risk mitigation.

We do not endorse or rate any crypto assets listed or mentioned on our site, nor do we encourage our traders to buy any particular asset.

RISK DISCLOSURE

Risk Warning: Trading crypto assets involves significant risks, possibly including a complete loss of funds. Trading is not suitable for everyone. Please objectively assess your financial condition. While trading, use only funds that, if lost, will not adversely impact your ability to meet your daily financial obligations. Please read and ensure you fully understand our Risk Disclosure.

Asset market / price volatility risk

The small change of rate may bring significant profit as well as losses. You have to understand that there is a chance to lose all or part of funds in case of crypto asset price changes.

We are not responsible for any of your losses – whether direct or indirect, including but not limiting any loss of your future profit. We shall not indemnify or hold harmless you or any third party against any loss related to the decrease of asset’s value due to price changes.

Technical and security risks

You accept that there are risks associated with utilizing an internet-based trading system including, but not limited to, the failure of hardware, software, and internet connection.

We shall not be liable for any communication failures, disruptions, errors, distortions or delays you may experience while trading via Globitex.

You must keep your passwords safe and ensure that third parties do not have access to them. You must not disclose your login and password to any third party. We shall not indemnify you any loss / damage caused by unauthorized access to your account.

Please be advised that the information en clair (sent via email, instant messenger service) is not protected from unauthorized access. However, subject to this please note that we shall never approach you with the requests of your login credentials or personal information disclosure.

Force majeure

We shall not be liable for your losses caused due to force majeure circumstances, such as: acts of war, terrorist attacks, natural disasters, unpredictable market behaviour, asset interventions, government decisions, instability on asset markets, and other significant changes which are lying outside our reasonable control.

OUR RECOMMENDATION

Use a very manageable small amount of money for these trades as examples for profit and loss percentages. It’s a good guideline to go on if it’s an amount you can afford to lose as often as daily or weekly. If you can’t afford to potentially lose this amount than we advise using smaller amounts. If you decide to use higher amounts that is your decision and we cannot be held liable for any adverse outcomes.

NO INVESTMENT ADVICE

The information provided does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any content as such. We do not recommend that any crypto asset should be bought, sold, or held by you. Nothing on the Globitex website should be taken as an offer to buy, sell or hold crypto assets. Globitex shall not be held responsible for the decisions you make based on the information provided on the website.

THIRD PATRY INFORMATION DISCLAIMER

The Globitex website contains various links to external website’s that are not created, maintained, or monitored by us. We do not guarantee the accuracy, relevance, timeliness, or completeness of any information on such external links.

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